Booking Holdings Surges Over 7% on Strong Q2 Gross Bookings

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Summary · why it matters

Booking Holdings is up more than +7% after reporting better-than-expected Q2 gross bookings. The company posted Q2 gross bookings of $51.00 billion, above the consensus of $49.68 billion. The broader market saw mixed trading, with the S&P 500 and Dow Jones Industrials hitting new all-time highs, while the Nasdaq 100 edged lower. Other notable movers included Amgen, up more than +5% on stronger-than-expected Q2 EPS, and Advanced Micro Devices, down more than -7% after its third-quarter sales forecast disappointed investors.

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Stronger-than-expected Q2 EPS boosted shares.

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