Why I Sold My Shares of Booking Holdings, and When I Might Buy Again
It's been over three months since I last caught up with Booking Holdings (NASDAQ: BKNG), and things have changed just a little bit since then. The novel coronavirus was beginning to manifest as a serious problem in February, but it wasn't apparent that an economic lockdown was going to happen, or how extensive it would be.
I recently decided to part ways with my final shares of Booking Holdings -- at least for now. A confluence of factors weighed on my decision, but ultimately I think this tech giant will underperform the market for a while after it rallied since the worst of the market crash in March.
An empty hammock on a tropical beach is a sad reality in too many parts of the world right now. Image source: Getty Images.
Source Fool.com
