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Why Booking Holdings Is Sliding Today

TheMotleyFool

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Why Booking Holdings Is Sliding TodayPhoto, wide shot, wide-angle lens, Conglomerate, Midday, harsh overhead sunlight, directional sunlightt, photo by Ansel Adams: https://img.theapi.app/temp/95f18fed-a4d6-4069-b489-4d050c74c618.png

Shares of Booking Holdings (NASDAQ: BKNG) were sliding 2% heading into midday trading Thursday, as the broader market was in a holding pattern with the Dow Jones Industrial Average essentially flat with a 4.8 point gain at 11:39 a.m. ET.

Shares of the online travel site have lost over a fifth of their value this year -- and 10% just this month -- as fears of a recession grow due to inflation running at 40-year highs and gas prices at record levels.

Image source: Getty Images.

Source Fool.com

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