Airbnb Stock Falls After Mixed Quarterly Report

Airbnb Inc (NASDAQ:ABNB) stock is 9.2% lower at $134.80 at last glance following a mixed third-quarter earnings report. The online vacation home rental company reported earnings per share of $2.13 that missed expectations by one cent, and slightly better-than-expected revenue of $3.73 billion. Profits were pressured by the company's spending efforts to break into international markets.Pacing for its worst daily percentage loss since May 2023, ABNB is on track to snap a five-day winning streak and is erasing ...