Booking Holdings stock jumps on stronger-than-expected Q2 results, buybacks and cash position
Booking Holdings shares climbed 5.9% in pre-open trading after the company reported second-quarter results that exceeded analyst expectations on adjusted EPS, revenue, adjusted EBITDA and gross bookings. The report also highlighted $3.7 billion in share repurchases and a $17.2 billion cash balance. Management warned that the Middle East conflict is…