It's Time to Buy the Dip in This Generational Growth Stock Opportunity
ABNBAirbnb(ABNB) The Motley Fool·2024-05-12 05:10

Airbnb is down on its latest report, but investors are missing the forest for the trees. Airbnb's (ABNB -0.50%) first-quarter earnings report was fresh off the press on May 8. Despite solid beats on the top and bottom lines, investors sold the stock the following day as second-quarter guidance came up short. Shares lost 7%, a significant one-day sell-off for the travel leader. Revenue increased 18% year over year to 2.14billionlastquarter,aheadofthe2.14 billion last quarter, ahead of the 2.06 billion consensus, while earnings per share m ...