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Why Is Airbnb Stock Down After Earnings?

Investors should be looking to buy wonderful businesses at good prices.

By Neil Rozenbaum – May 9, 2024 at 7:00AM EST

In this video, I will go over Airbnb's (ABNB +0.24%) first-quarter earnings report and explain why this was a solid quarter despite the stock's reaction.

*Stock prices used were from the trading day of May 8, 2024. The video was published on May 8, 2024.

Read Next

Neil Rozenbaum has positions in Airbnb. The Motley Fool has positions in and recommends Airbnb. The Motley Fool has a disclosure policy. Neil is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.

Stocks Mentioned

Airbnb Stock Quote
Airbnb
NASDAQ: ABNB
$140.31
(+0.31%)+$0.43

*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.

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