Serko signs five-year partnership renewal with Booking.com
• Significant milestone for Serko’s growth ambitions
• Five-year term from April 2024 to March 2029
• Serko provides unaudited FY24 trading update ahead of audited full-year results
What is happening with the share price??? Big reversal after the big gains yesterday from the bookings.com announcement.
Market Close Report guy from Salt quoted
Goodson said Serko had a relief rally, but investors took a second look at the agreement with Booking.com and found a sharp price abatement (to Serko) when bookings reached a certain threshold.
“ At the top of every bubble, everyone is convinced it's not yet a bubble.”
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