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Airbnb Shares Drop 10% as Cautious Second-Quarter Outlook Overshadows Strong Earnings Report

Airbnb, the popular home-sharing platform, experienced a decline in its stock price, dropping as much as 10% in extended trading on Tuesday. This came despite the company surpassing analyst expectations with its first-quarter earnings report, showing strong revenue growth and a net profit.

Posted on May 10, 2023May 10, 2023
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