Airbnb Stock Slides as Soft Outlook Overshadows Strong Q1 Results

Key TakeawaysAirbnb shares moved lower in extended trading on Wednesday after the short-term accommodation company's current quarter guidance overshadowed quarterly results that topped Wall Street expectations.The company said its current-quarter results face “a significant sequential headwind” from the timing of Easter, an added leap-year day in the prior quarter, and the impact of foreign exchange fluctuations.Airbnb shares find a zone of support between $141 and $148 from the 200-day moving average and p ...