Airbnb Posts Biggest Decline in a Year on Weak Travel Outlook

The stock was down 6.3% at 10:42 a.m. in New York, its biggest drop since May 10, 2023. Airbnb and its rivals have been working to establish a new normal since the world emerged from the Covid-19 ... Read More

Airbnb shares slump as weak forecast signals slowing travel demand - Yahoo Finance

Airbnb Chief Financial Officer Elinor Mertz said on a call with analysts on Tuesday that softness in long booking lead times was a big factor in its forecast. "While travel has been resilient for ... Read More

Airbnb posts $117 million profit, but 2Q outlook disappoints

Airbnb said Tuesday that it earned $117 million in the first quarter as revenue rose during the ongoing recovery in travel, but the company's outlook for late spring and early summer disappointed… ... Read More

Airbnb Posts Biggest Decline in a Year on Weak Travel Outlook - Yahoo Finance

(Bloomberg) -- Airbnb Inc. shares slid by the most in a year after the home-rental company gave lackluster guidance for a second straight quarter, indicating that growth in travel spending will slow ... Read More

Airbnb posts $117 million profit, but 2Q outlook disappoints

The weak outlook overshadowed Airbnb’s first profit in the first three months of the year, a seasonally slow period for travel. The company’s profit compared with a loss of $19 million a year ... Read More

Airbnb posts biggest decline in a year on weak travel outlook

Airbnb and its rivals have been working to establish a new normal since the world emerged from the COVID-19 pandemic. The industry’s recovery has been choppy, with demand growing faster in some ... Read More

Airbnb posts $117 million profit, but 2Q outlook disappoints

Airbnb said Tuesday that it earned $117 million in the first quarter as revenue rose during the ongoing recovery in travel, but the company’s outlook for late spring and early summer disappointed ... Read More