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ABNB - Hot Stocks: Trump posts; ISIS bribes; VIAC WIX plunge; ABNB rallies on earnings

Airbnb Inc.
A surprising set of headlines impacted Wall Street trading in Wednesday's intraday action, including news from Donald Trump's new media venture and potential bribes to the terrorist organization ISIS. A post from the former president on the new TRUTH Social platform gave a lift to SPAC Digital World Acquisition (NASDAQ:DWAC). Meanwhile, Ericsson (NASDAQ:ERIC) plunged on revelations about payments it made years ago in Iraq. Elsewhere in the market, ViacomCBS (NASDAQ:VIAC)(NASDAQ:VIACA) dropped more than 20% in intraday action, as investors doubted its ability to transition to a streaming-focused company. Meanwhile, Wix.com (NASDAQ:WIX) lost almost 30% following a disastrous earnings report. Quarterly results had the opposite impact on Airbnb (NASDAQ:ABNB), which rallied in the wake of its latest financial figures. Decliners A bribery scandal put pressure on shares of Ericsson (ERIC), with the stock falling nearly 14% in midday action. In an interview with a Danish newspaper, the company's CEO left open

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Hot Stocks: Trump posts; ISIS bribes; VIAC, WIX plunge; ABNB rallies on earnings
Stock Information
Company Name: Airbnb Inc.
Stock Symbol: ABNB
Market: NASDAQ
Website: airbnb.com
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