◆ NeutralABNB

Why Airbnb Stock Popped Today

The Motley Fool·
Why Airbnb Stock Popped Today

Airbnb stock surged over 11% after reporting accelerating growth with Q3 revenue climbing 19% year-over-year to $4.9 billion. The company announced a $12 billion stock buyback program, lifted full-year revenue guidance to 'high teens' growth, and highlighted strong free cash flow growth of 29% to $1.4 billion. CEO Brian Chesky emphasized the company is 'back in growth mode' with improvements across the platform and strong first-time booker growth, particularly among Gen Z customers.

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