Technology
Airbnb Soars 15%
Shares hit 4-year high of $176.20 after company raises annual revenue growth forecast
Airbnb shares surged nearly 15% after the company raised its annual revenue growth forecast. The shares rose 16% to $176.20, a four-year high, following strong Q2 results. The company reported $3.6 billion revenue in Q2. This increase in share price comes as Airbnb raised its fiscal outlook amid strong global travel demand.
