-- Airbnb reported a loss of $3.89 billion in its first earnings report since its IPO in December.
-- However, the company beat expectations for revenue.
-- The company blamed much of its loss on charges related to the IPO.
The company said it continues “to have limited visibility for growth trends in 2021 given the difficulty in determining the pace of vaccine roll-outs and the related impact on willingness to travel.”
Airbnb stock price dropped below $180, the channel was broken as well. I'd expect downtrend continuation.
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