A wave of news about
Airbnb stock (ABNB) highlights mixed performance and views. Ongoing negative sentiment reported due to the company's
Q2 results inducing a significant
stock drop.
Slowing U.S. demand and weak future outlook are major concerns echoed across multiple reports. Analysis shows the biggest intraday drop since 2020 due to weak U.S. sales affecting
Q2 profit while the
Q3 outlook remains bleak. Despite the fall, company CEO defended the stock, noting it's a good time to buy. Contrarily, analysts have
lowered their price targets, further pressurizing the stock.
Airbnb's founders saw a major wealth plunge due to the stock slump. While there are several negative sentiments, some outlets shed light on the
potential bright future despite the immediate sell-offs. Several market makers are buying
high volume of put options on Airbnb, indicating a potential upward move. Nevertheless,
the drop in stock price has made Airbnb among the top 10 large cap losers last week.
Airbnb Stocks News Analytics from Tue, 12 Mar 2024 07:00:00 GMT to Sun, 11 Aug 2024 15:53:29 GMT -
Rating -8
- Innovation 2
- Information 6
- Rumor -3
