Booking Holdings CEO on the Foolishness of a Short-Term Focus
The sky seemed to be falling for online travel in October and November after Expedia Group and Booking Holdings reported third quarter results, and their stock prices plummeted around 16 percent and 13 percent, respectively. The pessimism was based on missed estimates, rising costs, and fears about the hyper-competitive environment, including the up-and-coming Airbnb. Suddenly, … Continue reading Booking Holdings CEO on the Foolishness of a Short-Term Focus
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