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Booking Holdings records $900 million charge in FTC-related incident

By Reuters News

Nov 3 (Reuters) - Priceline parent Booking Holdings BKNG.O said on Tuesday it has recorded a $900 million reduction in revenue and accrued a loss of $100 million related to an FTC matter to its subsidiary's connection to deceptive hotel ads.


Booking Holdings underperforms peer Expedia, broader S&P 500 benchmark over the past three months https://tmsnrt.rs/4Af5oEa

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