Airbnb Shares Fall as Company Issues Mixed Outlook

reported higher revenue and profit in the first quarter, but customers reserved fewer-than-expected stays and the company gave a mixed outlook for the second quarter, spooking investors.

The short-term rental company recorded a quarterly profit of $117 million, beating analysts’ expectations of $90 million. Airbnb recorded a loss of $19 million in the first quarter of 2022.

España Últimas Noticias, España Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Palantir shares jump as company registers profit surprise while PayPal stock slumpsHere are some of the biggest movers of the day:
Fuente: MarketWatch - 🏆 3. / 97 Leer más »

Airbnb drops 10% after earnings report offers cautious outlook for Q2Airbnb drops 10% after earnings report offers cautious outlook for Q2
Fuente: CNBC - 🏆 12. / 72 Leer más »

Stocks making the biggest moves after hours: Airbnb, Twilio, Rivian, Occidental Petroleum and moreSee which stocks are posting big moves after the bell.
Fuente: CNBC - 🏆 12. / 72 Leer más »

Musk's Boring Company could make public transportation cheaper: expertElon Musk's Tesla tunnels are a 'fake alternative' to solve traffic but if he made them for subways we'd all be better off, expert says
Fuente: BusinessInsider - 🏆 729. / 51 Leer más »