ABNB Jul 2024 75.000 put
| Previous Close | 0.0400 |
| Open | 0.0200 |
| Bid | 0.0000 |
| Ask | 0.8800 |
| Strike | 75.00 |
| Expire Date | 2024-07-19 |
| Day's Range | 0.0200 - 0.0400 |
| Contract Range | N/A |
| Volume | |
| Open Interest | 966 |
- Yahoo Finance Video
Airbnb stock falls on weak Q2 outlook despite Q1 beat
Shares of Airbnb (ABNB) are trading lower despite the company beating estimates in its first quarter results. Airbnb posted revenue of $2.14 billion, surpassing analyst estimates of $2.06 billion. On adjusted earnings per share, the company reported $0.41 a share, topping Wall Street expectations of $0.30 per share. However, the company's second quarter revenue outlook fell short of estimates, weighing on shares. For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Angel Smith
Associated Press FinanceAirbnb shares slide on lower revenue forecast despite a doubling of net income
Airbnb's profit more than doubled last quarter, but management's disappointing revenue forecast sparked a roughly 7% drop fort its stock in after-market trading Wednesday. Earnings growth was partly driven by a shift in the Easter holiday, which fell during the second quarter in 2023 versus the first quarter this year. Airbnb projected revenue in the second quarter between $2.68 billion and $2.74 billion.
Investor's Business DailyAirbnb Earnings Beat Views. Shares Slide On Lower-Than-Expected Sales Outlook
Airbnb stock fell despite an earning beat, as the short-term rental company gave light sales guidance.
