Airbnb warns that the Delta variant could disrupt travel

The company benefited from more people taking vacations in the spring and summer, but Airbnb says the next few months could be extremely bumpy. Shares of Airbnb fell nearly 2% in late morning trading Friday on the company's warning. "In the near term," Airbnb said in its earnings letter to shareholders, Covid and new variants including Delta"will continue to affect overall travel behavior, including how often and when guests book and cancel.

Watch: Airbnb founder stunned on live TV by stock price 01:34As for Airbnb, Wall Street had a mixed reaction to the financial results and guidance released late Thursday.Wells Fargo analyst Brian Fitzgerald raised his price target on the stock to $210, more than 40% above Airbnb's current price.

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