Why Booking Holdings Stock Gained 20% in February

Shares of Booking Holdings (NASDAQ: BKNG) were moving higher last month as the online travel agency benefited from an improving outlook for the travel sector, buoyed by the accelerated vaccine rollout and as investors looked forward to the company’s fourth-quarter earnings report. The stock actually pulled back modestly when the report came out, but that only put a minor dent in the month’s gains. According to data from S&P Global Market Intelligence, shares finished the month up 20%.