Airbnb shares slump on weak forecast despite doubling of net income, Uber shares tumble on ride-share demand and unexpected net loss

Squawk on the Street@SquawkStreet

2 years ago

"We're just scratching the surface of our core business," says @Airbnb CEO @bchesky. He joins @jimcramer, @carlquintanilla & @davidfaber to discuss the company's weaker-than-expected guidance and the outlook for summer travel. https://t.co/0FcKWWlDIo

Market Rebellion@MarketRebels

2 years ago

Airbnb $ABNB was living its best influencer life, then guidance dropped a reality check. Beats earnings, but guidance disappoints. Stock plunges.@MXLESQ highlights slowing growth and increasing regulatory restrictions. Is this a sign of a cruel cruel summer? @petenajarian… https://t.co/LfcM0o55FX

Yahoo Finance@YahooFinance

2 years ago

"The expectations coming to the print, they certainly raised following last quarter," Needham & Co. managing director Bernie McTernan says on $ABNB. "Remember, this is a transition or an investment year for Airbnb..." https://t.co/QbfnZZ5rzU