Price today is higher than last year before Covid.... The company makes revenue from booking travel and hotels... Hotels are going bankrupt left and right, revenue is falling at each and every hotel. Banks are not even extending credit to hotels or any travel business. Yet, investors drive a travel stock to new highs expecting the best case scenario and betting on a recovery so quick that we will be back to higher than 2019 levels in how many years ? if this is not the irrational looking you in the face, I have no idea what is. $Booking Holdings(BKNG)$