Property

Airbnb shares fall 14% as US demand harms performance

However, looking ahead to Q3 2024, the group said it expects to deliver revenue of $3.67bn (£2.89bn) to $3.73bn (£2.94bn), below analysts’ previous estimates of $3.84bn (£3.02bn)

Airbnb saw its shares drop 14% in after hours trading on Wednesday after seeing its Q2 profits drop to $555m (£437.14m)), down from $650m (£511.9m) the year prior. 

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