Airbnb Stock Slides as Soft Outlook Overshadows Strong Q1 Results
ABNBAirbnb(ABNB) Investopedia·2024-05-09 10:55

Key Takeaways Airbnb shares moved lower in extended trading on Wednesday after the short-term accommodation company's current quarter guidance overshadowed quarterly results that topped Wall Street expectations. The company said its current-quarter results face “a significant sequential headwind” from the timing of Easter, an added leap-year day in the prior quarter, and the impact of foreign exchange fluctuations. Airbnb shares find a zone of support between 141and141 and 148 from the 200-day moving average an ...