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Why Booking Holdings Stock Shot Up 8% Today

Why Booking Holdings Stock Shot Up 8% Today

Shares of online travel booking giant Booking Holdings (NASDAQ: BKNG) were up 8% today as of 12:50 p.m. EST. The stock, like others that rely on vacation activity and business travel, has been whipsawed by news of the rapid spread of the omicron coronavirus variant. Fauci and other health officials said early research indicates omicron might be less severe than the delta variant, although it's still too soon to tell for certain.