Booking Holdings’ stock was downgraded by Jefferies as the investment bank predicts a slowdown in travel growth. The online travel company, which owns popular platforms such as Booking.com and Priceline, saw its stock take a hit as Jefferies revised its rating. The downgrade comes as Jefferies expects a decrease in the pace of travel industry expansion. Investors are advised to monitor the situation closely as Booking Holdings navigates through potential challenges in the travel sector.
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