Airbnb Raises Full-Year Outlook After Better-Than-Expected Results
Airbnb reported better-than-expected quarterly results and raised its full-year outlook, citing strong travel demand and a slightly higher average daily rate. Shares rose 10.5% to $188.07 in late trading Thursday after closing down.
By Janet H. ChoShares of Airbnb jumped in late trading Thursday after the vacation rental site reported better-than expected quarterly results and raised its full-year outlook, citing strong travel demand and a slightly higher average daily rate.The stock was up 10.5% at $188.07 after closing down…