Why Booking Holdings Stock Declined 10.5% in September

Why Booking Holdings Stock Declined 10.5% in September

Shares of Booking Holdings (NASDAQ: BKNG) fell 10.5% in September, according to data provided by S&P Global Market Intelligence. The pandemic has been extremely harsh on Booking Holding's business, as the company reported a sharp plunge in gross travel bookings of 91% in its previous financial quarter. Last month, Booking Holdings announced that it was closing at least five of its offices around the world, in countries such as the U.S., England, Canada, and Croatia.