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Booking Holdings Inc. is an American travel technology company incorporated under Delaware General Corporation Law and based in Norwalk, Connecticut, that owns and operates several travel fare aggregators and travel fare metasearch engines including namesake and flagship Booking.com, Priceline.com, Agoda, Kayak, Cheapflights, Rentalcars.com, Momondo, and OpenTable.
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On its first day of trading, Kayak opened at $26 per share and closed at $33.18 per share. [ 16 ] On May 21, 2013, Booking Holdings , then known as Priceline.com, acquired the company for $2.1 billion.
The stock of Booking Holdings (NAS:BKNG, 30-year Financials) gives every indication of being significantly overvalued, according to GuruFocus Value calculation.
The name and URL were changed to Booking.com and Stef Noorden was appointed as its CEO. In July 2005, the company was acquired by Priceline Group (now called Booking Holdings) for $133 million, and was merged with ActiveHotels.com, a European online hotel reservation company, purchased by Priceline Group for $161 million in September 2004. [7]
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Image source: The Motley Fool. Booking Holdings (NASDAQ: BKNG) Q3 2024 Earnings Call Oct 30, 2024, 4:30 p.m. ET. Contents: Prepared Remarks. Questions and Answers. Call Participants
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