HomeLifestyleTravel & LeisureAirbnb (ABNB) Stock Lower Amid App Updates, Has Free Cash Flow Potential

Airbnb (ABNB) Stock Lower Amid App Updates, Has Free Cash Flow Potential

Airbnb (ABNB) stock price hit an all-time low today, but finished relatively flat compared to yesterday. The Airbnb earnings report revealed -$0.03 in Earnings Per Share and $1.51B in revenue, beating estimates. "Airbnb is a market leading private company that found a product market fit. The company was entering the sweet spot of its growth curve," says Dan Short. Airbnb announced new updates to their platform, which include a new way to search.

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11 May 2022

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