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100% has to be a liquidity issue. I am guessing that they invest the funds in trust in overnight markets and someone has had too many losses.
by zippercreatemy 3y ago
100% has to be a liquidity issue. I am guessing that they invest the funds in trust in overnight markets and someone has had too many losses.
- sally1984 3y agoThey are sponsoring FIFA women's football world cup 2023. Definitely, not bankruptcy or liquidity issue.
- jsumrall 3y agoThat would be quite the story, as I have the impression that Booking is absurdly profitable.
- jacquesm 3y agoThat's what they said about Van Moof, and plenty of other companies that ultimately went bankrupt. They had a pretty bad loss two quarters ago: "Net income was $266 million, compared with a net loss of $700 million in the prior-year quarter" https://s201.q4cdn.com/865305287/files/doc_financials/2023/q1/Q1-2023-BKNG-Earnings-Release.pdf https://s201.q4cdn.com/865305287/files/doc_financials/2023/q...
- sally1984 3y agopayments to hosts over IT techni... Please visit this group in FB which was created to register all the concerns from hosts and guests from all over the world. We can collectively work together to fix this situation. https://m.facebook.com/groups/1316864141779135/ https://m.facebook.com/groups/1316864141779135/
- wewilldieanyway 3y agoHahah, I wish. Booking stock is at an all-time-high at the moment, and we could have made very good money if they indeed had a liquidity problem. Poor tech + poor timing. Take off the tinfoil hats.