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One platform for global traditional assets
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Booking Holdings (BKNG) Stock Falls to Fresh Low as Geopolitical Risks Mount
Booking Holdings (BKNG) stock has fallen to a new 52-week low of $167.77, down 21.5% year-to-date, due to mounting geopolitical risks, particularly from the Iran conflict. While Truist Securities maintained a Buy rating, it lowered its price target, noting BKNG’s higher exposure to Asian and European energy markets compared to Expedia. Despite the drop, Mizuho upgraded Booking.com to its top pick, and InvestingPro data suggests the stock is undervalued.