Tech Stocks on the Move Today: Airbnb, Equinix, and More
ABNBAirbnb(ABNB) Investopedia·2024-05-09 23:55

The S&P 500 Information Technology Sector Index lost ground intraday Thursday, edging 0.2% lower as of 11:15 a.m. ET. The broader S&P 500 was up 0.4%, while the tech-heavy Nasdaq gained 0.2%. Weaker-than-expected guidance sent shares of vacation rental site Airbnb (ABNB) lower, while shares of Equinix (EQIX) soared after the data center real estate investment trust (REIT) beat analysts' forcasts for earnings before interest, taxes, depreciation, and amortization (EBITDA). AppLovin shares were also higher af ...