Airbnb and Lyft shares drop after hours on cautious outlook, competitive pressure
CNBC Televisionยท2025-08-06 23:03
CNBC's Mackenzie Sagalas has got the details. Mac, hey Mel. So, Airbnb shares reversing course during the company's earnings call despite a double beat on Q2 earnings.Investors appear concerned about the company's growth trajectory following a cautious Q3 outlook for both revenue and adjusted IBIDA. It comes as Airbnb faces tough comps, particularly against strong performance from rival booking holdings and lift shares down as much as 14% now down just 5% after missing on revenue for the quarter and after h ...