Booking Holdings Shares Rise 40% YTD: Is it the Right Time to Jump In?
Booking Holdings(BKNG) ZACKS·2024-11-16 00:00
Booking Holdings’ (BKNG) shares have gained 40% year to date (YTD), compared with the Zacks Retail-Wholesale sector’s growth of 26.7%. It has also outperformed the Zacks Internet-Commerce industry and its peers like Alibaba (BABA) , BigCommerce (BIGC) and Beyond, Inc. (BYON) .In the same time frame, shares of BABA have gained 17.3%, while shares of BIGC and BYON have lost 36.5% and 77.7%, respectively. The industry has appreciated 36%. This outperformance of BKNG’s shares can be attributed to the strong top ...