VZIO - Airbnb Reports Q4 Results Joins MGM Resorts Upstart And Other Big Stocks Moving Lower In Wednesday's Pre-Market Session | Benzinga
U.S. stock futures were higher this morning, with the Nasdaq futures trading higher by around 80 points on Wednesday.
Shares of Airbnb, Inc. (NASDAQ: ABNB) shares fell in today’s pre-market trading after the company reported fourth-quarter financial results.
Airbnb said fourth-quarter revenue increased 17% year-over-year to $2.22 billion, which beat the consensus estimate of $2.16 billion. The company reported a quarterly loss of 55 cents per share, according to data from Benzinga Pro.
Airbnb sees first-quarter revenue in the range of $2.03 billion to $2.07 billion versus estimates of $2.03 billion.
Airbnb shares declined 6.1% to $141.67 in pre-market trading.
Here are some big stocks recording losses in today’s pre-market trading session.
- QuidelOrtho ...