Pivotal Point Tracking Booking Holdings (BKNG): Travel Giant Records 325 Million Booked Nights in Q2

Booking Holdings is the world's leading online travel provider with brands such as Booking.com, Priceline, and Agoda. Following the release of its second-quarter figures, the stock jumped by about 6% on August 5. With a revenue of $7.35 billion (+8% year-on-year) and an adjusted earnings per share of $2.54, the company significantly exceeded market expectations. Key drivers were the global gross booking volume of $51 billion (+9%) and 325 million booked nights (+5%). The net profit doubled to $1.95 billion thanks to strict cost control. The company...