Airbnb Stock Sinks on Warning About Slowing US Demand

Key TakeawaysAirbnb shares tumbled Wednesday, a day after warning about slowing U.S. demand in its second-quarter earnings report.Airbnb said it expects a "sequential moderation" in year-over-year booking growth.The vacation rental provider also missed quarterly profit estimates. Airbnb (ABNB) shares sank Wednesday, a day after the vacation rental firm missed second-quarter profit forecasts and warned about slowing demand in the U.S. The company posted earnings per share (EPS) of $0.86,$0.06 below the aver ...