Daily Market Updates: Airbnb shares jump after earnings, revenue beat and strong Q3 outlook

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Airbnb shares jump after earnings, revenue beat and strong Q3 outlook

The company also pointed to strong demand across all regions as it issued guidance for the third quarter.

Reported · Written up by our desk · Results

Airbnb shares rose sharply after the company reported earnings and revenue that came in above expectations, alongside guidance for the third quarter that investors viewed as stronger than anticipated.

CNBC Markets reported that Airbnb said it is seeing strong demand across all regions, a factor management tied to its better-than-expected forecast for Q3.

The stock move was reported multiple times by CNBC outlets, with the shares up about 9% to 12% following the results and guidance.

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Sources

CNBC MarketsAirbnb stock soars 9% on earnings and revenue beat, strong guidance for third quarter

CNBC WorldAirbnb stock soars 9% on earnings and revenue beat, strong guidance for third quarter

CNBC EarningsAirbnb stock soars 9% on earnings and revenue beat, strong guidance for third quarter

CNBC EarningsAirbnb stock soars 12% on earnings and revenue beat, strong guidance for third quarter

Earnings

Airbnb shares jump after earnings, revenue beat and strong Q3 outlook

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Sources

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