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Stockreport

Ryanair fined €256m over ‘abusive strategy' to limit ticket sales by online travel agencies [Yahoo! Finance Canada]

Booking Holdings Inc. (BKNG)  More Company Research Source: Yahoo! Finance Canada
Last booking holdings inc. earnings: 2/26 04:04 pm Check Earnings Report
The authority said Europe's largest airline had “implemented an abusive strategy to hinder travel agencies” via an “elaborate strategy” of technical obstacles for agents and passengers to make it difficult for online travel agents to sell Ryanair tickets and instead force sales through its own website. The fine related to Ryanair's conduct between April 2023 and at least until April 2025, the authority said on Tuesday. It said Ryanair had prevented online travel agents from selling tickets on its flights in combination with other airlines and services, weakening competition. Ryanair said it would immediately appeal the “legally flawed” ruling. The Ryanair chief executive, Michael O'Leary , had decided to wage war on what he described as “pirate” travel agents , such as Booking.com, Kiwi and Kayak. O'Leary accused the travel agent industry of scamming and ripping off unsuspecting consumers by charging extra fees and mark-ups on ticket prices. O'Leary was prepared to accept low [Read more]

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Stockreport

Ryanair fined €256m over ‘abusive strategy' to limit ticket sales by online travel agencies [Yahoo! Finance Canada]

Booking Holdings Inc.  (BKNG) 
Last booking holdings inc. earnings: 2/26 04:04 pm Check Earnings Report
The authority said Europe's largest airline had “implemented an abusive strategy to hinder travel agencies” via an “elaborate strategy” of technical obstacles for agents and passengers to make it difficult for online travel agents to sell Ryanair tickets and instead force sales through its own website. The fine related to Ryanair's conduct between April 2023 and at least until April 2025, the authority said on Tuesday. It said Ryanair had prevented online travel agents from selling tickets on its flights in combination with other airlines and services, weakening competition. Ryanair said it would immediately appeal the “legally flawed” ruling. The Ryanair chief executive, Michael O'Leary , had decided to wage war on what he described as “pirate” travel agents , such as Booking.com, Kiwi and Kayak. O'Leary accused the travel agent industry of scamming and ripping off unsuspecting consumers by charging extra fees and mark-ups on ticket prices. O'Leary was prepared to accept low [Read more]

IMPACT SNAPSHOT
EVENT TIME:
BKNG
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
POST NEWS RANGE
%
PRICE CHANGE

PRICE CHANGE PERCENTAGE


S&P 500 (SPX)

%

VOLUME RATIO
%

VOLUME (SHARES)
TICKS

AVG SHARES PER TRADE

EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS