🎁 💸 Warren Buffett's Top Picks Are Up +49.1%. Copy Them to Your Watchlist – For FreeCopy Portfolio

Here's Why Airbnb Shares Are Moving

Published 13/04/2022, 19:13
© Reuters.  Here's Why Airbnb Shares Are Moving
ABNB
-
AIRB34
-

Shares of several companies in the hotels, restaurants and leisure sectors, including Airbnb Inc (NASDAQ: ABNB), are trading higher amid overall market strength as stocks rebound following Tuesday weakness. Investors continue to assess inflation and Fed rate hike outlook as well as corporate earnings.

Travel-related stocks may also be trading higher in sympathy with Delta Air Lines (NYSE: NYSE:DAL) after the company reported better-than-expected first-quarter EPS.

Airbnb is the world's largest online alternative accommodation travel agency, also offering booking services for boutique hotels and experiences.

According to data from Benzinga Pro, Airbnb is trading higher by 6.92% at $171.19. Airbnb has a 52-week high of $212.58 and a 52-week low of $129.71.

© 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

Read at Benzinga

Read the original article on Benzinga

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.