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Booking shares fall 4.8% after EU General Court upholds antitrust block

Booking Holdings shares fell 4.8% in the afternoon session after the European General Court upheld an EU antitrust decision blocking its planned acquisition of ETraveli Group.

BKNG

What Happened? Shares of online travel agency Booking Holdings NASDAQ:BKNG fell 4.8% in the afternoon session after the European General Court upheld an EU antitrust decision blocking its planned 1.63 billion euro acquisition of ETraveli Group, according to Tipranks. The ruling dealt a blow to Book…

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