Airbnb Drops, DoorDash Gains, Duolingo Soars on Profit Outlook
On this episode of Stock Movers:- Airbnb (ABNB) shares drop after the company warned that growth rates may not keep up later this year due to tough year-ago comparisons. Airbnb’s outlook, combined with a lukewarm forecast issued by online travel peer Booking Holdings Inc., underscored how broader economic uncertainty is weighing on travel demand.- DoorDash (DASH) shares gain after the company reported second-quarter results that beat expectations and gave a positive forecast for Marketplace gross order value. The company attributed its better-than-expected second-quarter results to a…
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