Tag: Airbnb

Airbnb Inc. shares fell on Tuesday after the vacation rental company delivered an unoptimistic revenue forecast for the second quarter. The company suggested that rising prices and a bearish economic outlook have deterred consumers from leisure travel. Shares fell by 10% to $114.25. This is...

Airbnb’s reputation and stock took a hit on Thursday after short-seller The Bear Cave published an unfavorable report about the company. In the report, The Bear Cave alleges poor customer experience on the platform and increasing direct competition from its top hosts. The report detailed...