Airbnb Gains, Coinbase Jumps, Expedia Sinks on AI Worries
On this episode of Stock Movers: - Airbnb (ABNB) shares rose after the company posted strong fourth-quarter bookings and issued an upbeat revenue outlook, citing strong travel demand and growing adoption of its new flexible payment and booking options. The company projected revenue for the quarter ending on March 31 to be $2.59 billion to $2.63 billion, and revenue growth to accelerate to “at least low double digits” for the full year. - Coinbase (COIN) shares rise after the company reported weak quarterly results, with some investors concluding the worst had already been priced…
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