Thomas Barwick Booking Holdings (NASDAQ:BKNG) shares are having quite a volatile year, as investors struggle to balance best-in-class execution and a worse-than-expected industry slowdown. Following the post-earnings selloff, I argue that the valuation now reflects said tension although I do have worries about losing share to Airbnb in the quarter. Let's dive in. Unpacking A Volatile Year I initiated coverage on Booking Holdings a few months ago, rating the company a 'Buy', as I found it to be the undeniabl ...