Airbnb, Inc. (ABNB) reported stellar second-quarter results with revenue jumping 299% and narrower-than-reported losses, boosted by the relaxation of travel restrictions and increased vaccinations. However, shares fell 4.5% in after-hours trading on Thursday after the company warned about the increasing spread of the delta variant, which could hamper bookings in the future. Airbnb provides an online marketplace that connects hosts and guests for booking travel services and accommodation facilities worldwide. (See Airbnb stock charts on TipRanks) Airbnb reported a quarterly loss of $0.11 per share, much lower than analysts’ estimated loss of $0.48 per share and much better than the prior-year quarter's loss of $2.18 per share.
https://www.tipranks.com/news/airbnb-shares-fall-on-delta-warning-despite-reporting-300-q2-revenue-growth?utm_source=advfn.com&utm_medium=referral
Airbnb (NASDAQ:ABNB)
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