Airbnb Stock Has Surged This Year. Why It Just Got a Downgrade.
Travel demand has jumped as people chose to go on vacations after largely being stuck at home during the pandemic.
Source: marketwatch.com
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Airbnb Stock Jumps on S&P 500 Inclusion. That Isn't the Only Reason to Like It.
The shares were on pace for their largest percentage increase since Feb. 15.
Source: marketwatch.com
Airbnb expects holiday-quarter bookings to moderate; shares down 7%
Airbnb said in a letter to shareholders on Tuesday that it expected a continued, albeit choppy, recovery of cross-border travel as macro conditions persisted.
Source: businesstoday.in
Airbnb bets on summer of travel to drive revenue growth
Airbnb bets on summer of travel to drive revenue growth
Source: bdnews24.com
Airbnb's Loss Widens as IPO Costs Add to Pandemic Hit — 2nd Update
Provided by Dow Jones By Preetika Rana Airbnb Inc. posted a steep fourth-quarter loss in its first earnings as a public company, as costs tied to its market debut capped a year in which the coronavirus pandemic ravaged the travel industry. The home-sharing company reported a $3.9 billion loss in the three months through December, which included a charge of $2.8 billion for stock compensation tied to its initial public offering during the quarter. That compared with a loss of $351 million in the same period a year earlier. The latest loss brought the company's fu...
Source: morningstar.com