Booking Holdings Inc. Stock Rises Tuesday, Outperforms Market

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Communication Services : Entertainment | Large Cap Growth

Company profile

Netflix, Inc. is an entertainment services company. The Company has paid memberships in over 190 countries with television (TV) series, films and games across a variety of genres and languages. Its members can play, pause and resume to watch, as much as they want, anytime, anywhere, and can change their plans at any time. It offers a variety of streaming membership plans, the price of which varies by country, and the features of the plan. The pricing of its plans ranges from United States dollar equivalent of approximately $1 to $26 per month. It offers members the ability to receive streaming content through a host of Internet-connected devices, including TVs, digital video players, TV set-top boxes, and mobile devices. The Company has agreements with various cable, satellite and telecommunications operators to make its service available through the TV set-top boxes of these service providers. The Company acquires, licenses, and produces content, including original programming.

Booking Holdings Inc. Stock Rises Tuesday, Outperforms Market

4:40 pm ET October 25, 2022 (MarketWatch) Print

This article was automatically generated by MarketWatch using technology from Automated Insights.

Shares of Booking Holdings Inc. (BKNG) advanced 3.65% to $1,874.61 Tuesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 1.63% to 3,859.11 and the Dow Jones Industrial Average rising 1.07% to 31,836.74. Booking Holdings Inc. closed $841.05 below its 52-week high ($2,715.66), which the company achieved on February 16th.

The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as Trip.com Group Ltd. ADR (TCOM) rose 7.47% to $21.88, Expedia Group Inc. (EXPE) rose 2.97% to $98.71, and TripAdvisor Inc. (TRIP) rose 0.08% to $24.01. Trading volume (312,409) remained 65,978 below its 50-day average volume of 378,387.

Data source: Dow Jones Market Data, FactSet. Data compiled October 25, 2022.

(END) Dow Jones Newswires

October 25, 2022 16:40 ET (20:40 GMT)