Airbnb’s stock is on pace for its biggest percentage drop ever. Here’s how some analysts think the company can rebound.

Date:

August 7, 2024

Airbnb Inc. was among the S&P 500’s worst performers on Wednesday and was on track for its biggest percentage drop on record after the vacation-rental platform a day earlier said it saw “some signs of slowing demand from U.S. guests” and “shorter booking lead times.”

Source link

Chloë Sevigny & Her Son Match In Impeccably Crispy Gap x Palace

PrintSteals.com: Setting New Standards in Printing Excellence

Alexandra Williams

Alexandra Williams is a writer and editor. Angeles. She writes about politics, art, and culture for LinkDaddy News.

Airbnb’s stock is on pace for its biggest percentage drop ever. Here’s how some analysts think the company can rebound.

Recent posts

Norfolk Southern got more efficient in Q2 despite derailment settlement, shareholder fight

Trump floats manufacturing ambassador, while his Deere tariff threat draws flak from Mark Cuban

This chart shows gold vs. the stock market since Bernanke’s famous helicopter drop speech

Why solar is the fastest-growing source of U.S. electricity

Oil prices on track for 4th straight weekly gain

Oil prices rise over 3% as Israel weighs response to Iran missile attack

PepsiCo to pay $1.2 billion to buy Siete, to boost multicultural food offering

Harris, Trump campaigns compete on child tax credit ahead of key speech

This week’s U.S. inflation report could have serious implications for stocks

These maps show the oil and gas infrastructure in Francine’s path

Oil prices extend gains on July 4 travel expectations, Hurricane Beryl worries

Eli Lilly’s stock soars as Mounjaro, Zepbound sales lead to a big profit beat

Gold prices break a new record, but may be near a peak

Applebee’s parent’s stock slides 5% after Truist downgrades on worry about slowing sales

U.S. bankruptcy filings spiked in August after slowdown in July

Related articles

Investors are bracing for higher-for-even-longer interest rates

RFK Jr. is not a fan of weight-loss drugs or vaccines. Stocks are tanking.

Manufacturing activity surges in New York region to highest level in nearly three years

RFK Jr. would rattle health markets as head of HHS, but his confirmation is far from certain, analyst says

Vaccine-maker stocks like Moderna, Pfizer drop as Trump picks RFK Jr. to lead HHS

Powell says Fed doesn’t need to hurry to cut interest rates

Biogen’s stock rises after E.U. regulator reverses negative view of Alzheimer’s drug

Off-price retailers could thrive, BofA says, citing this bullish data point

Company

Follow us