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Why Did Booking Holdings (BKNG) Plunge 4.56% After CEO's Share Sales?
Generated by AI AgentAinvest Pre-Market Radar
Thursday, Jul 17, 2025 8:42 am ET1min read
Aime SummaryOn July 17, 2025,
experienced a 4.56% drop in pre-market trading, reflecting investor sentiment and potential market shifts.On July 15, 2025, Glenn Fogel, the CEO and President of Booking.com, a subsidiary of Booking Holdings Inc, sold 1,013 shares of the company. This transaction, conducted under a 10b5-1(c) plan, involved selling shares at prices ranging from $5,642.82 to $5,766.71. The average price per share was $5,695.00, totaling approximately $5,769,035.00. Additionally, Fogel sold 43 shares on the same day for an estimated $243,768. These insider sales could indicate a shift in the company's internal outlook or personal financial strategies, potentially influencing investor confidence and contributing to the recent stock price fluctuations.
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