UPDATE 1-Hungary fines Booking.com operator $7.6 mln for unfair practices [Reuters]
Booking Holdings Inc. (BKNG)
Last booking holdings inc. earnings: 2/26 04:04 pm
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Source: Reuters
UPDATE 1-Hungary fines Booking.com operator $7.6 mln for unfair practices (Adds Booking.com response) BUDAPEST, April 28 (Reuters) - Hungarian competition watchdog GVH has fined online reservation operator Booking.com 2.5 billion forints ($7.58 million) for unfair business practices, including misleading advertisements and psychological pressure on consumers. The watchdog said in setting the fine it had taken into account the Netherlands-based company’s fee income from the Hungarian market following a probe into the website launched in 2018. “Booking.com B.V. has led unfair business practices by misleading advertisements claiming free cancellation for some accommodation as well as by exerting aggressive psychological pressure to facilitate faster bookings,” the GVH said. A Booking.com representative said in an email response to Reuters that the company was “disappointed by this decision by the Hungarian Competition Authority.” “Everything on our website, including how we display price
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News
- Booking Holdings Inc. (NASDAQ: BKNG) had its price target raised by analysts at Wells Fargo & Company from $3,435.00 to $3,494.00. They now have an "equal weight" rating on the stock.MarketBeat
- Expedia stock sinks on full-year guidance cut, Q1 bookings [Yahoo! Finance]Yahoo! Finance
- Booking Holdings (BKNG) Q1 Earnings Beat, Revenues Rise Y/Y [Yahoo! Finance]Yahoo! Finance
- Booking Holdings Inc. (NASDAQ: BKNG) had its price target raised by analysts at JPMorgan Chase & Co. from $3,950.00 to $4,025.00. They now have an "overweight" rating on the stock.MarketBeat
- Booking Holdings Inc. (NASDAQ: BKNG) had its "outperform" rating re-affirmed by analysts at BMO Capital Markets. They now have a $4,205.00 price target on the stock, up previously from $4,150.00.MarketBeat
BKNG
Earnings
- 5/2/24 - Beat
BKNG
Sec Filings
- 5/3/24 - Form 4
- 5/2/24 - Form 10-Q
- 5/2/24 - Form 8-K
- BKNG's page on the SEC website