Booking Holdings Surges to 21st in Trading Volume with $1.78 Billion Turnover

On April 29, 2025, Booking Holdings (BKNG) saw a significant increase in trading volume, with a turnover of $1.78 billion, marking a 56.58% rise from the previous day. This surge placed Booking Holdings at the 21st position in terms of trading volume for the day. The stock price of Booking Holdings rose by 0.39%, marking its sixth consecutive day of gains, with a total increase of 10.63% over the past six days.

Booking Holdings reported its first-quarter 2025 financial results, highlighting a 7% growth in room nights compared to the same period last year. The company's earnings and revenue for the quarter exceeded expectations, with earnings surprises of 43.83% and revenue surprises of 3.58%.

Despite the positive earnings report, Booking Holdings' stock price experienced a decline. The company reported an adjusted profit of $24.81 per share for the quarter ended March 31, surpassing analysts' average estimate of $17.33 per share. Gross travel bookings, including taxes and fees, reached $46.7 billion, slightly above the projected $46.5 billion.

Booking Holdings' first-quarter net income was reported at $333 million. The company's revenue for the quarter surpassed estimates, reaching $4.8 billion, with adjusted earnings per share (EPS) beating expectations at $24.81. However, the GAAP EPS missed estimates at $10.07.

Booking Holdings' CEO cited uncertainty in the travel market as a factor contributing to the stock's decline. The company's mission is to make it easier for everyone to experience the world through its five primary consumer-facing brands: Booking.com, Priceline, Agoda, KAYAK, and OpenTable.