ABNB - Airbnb Stock Tumbles Premarket Despite Q4 Beat: What's Spooking Investors? | Benzinga
Airbnb, Inc. (NASDAQ:ABNB) shares took a tumble in premarket trading on Wednesday, despite exceeding expectations with its fourth-quarter earnings report released the previous day.
While the company beat analyst estimates and offered positive guidance for the first quarter, some investors remain cautious.
Strong Q4: Airbnb reported better-than-expected earnings and revenue for the fourth quarter, exceeding analyst expectations. However, the company’s guidance for the first quarter of 2024, while above consensus, mentioned a “moderation” in the growth ...