What factors are affecting HBNB's stock price today?

The stock price of HBNB (Hotel101 Global) experienced a significant drop of 9.89% today, which can be attributed to the following factors:

1. **Recent Market Volatility**: As a publicly traded company, HBNB's stock price is susceptible to market fluctuations. Today's pre-market percentage change of 8.52% and post-market percentage change of 6.68% indicate that the stock is experiencing volatility.

|code|Ticker|Name|Date|Pre-Market Percentage Change|market_code|
|---|---|---|---|---|---|
|HBNB|HBNB.O|Hotel101 Global|20250701|8.516483516483518|186|

|code|Ticker|Name|Date|Post-Market Percentage Change|market_code|
|---|---|---|---|---|---|
|HBNB|HBNB.O|Hotel101 Global|20250701|7.621951219512195|186|

2. **Company-Specific Developments**: HBNB's stock performance may also be influenced by company-specific news. For instance, the approval to list on the Nasdaq Stock Exchange and the subsequent celebration of public listing by ringing the opening bell could have positively influenced the stock price. However, the absence of any positive post-market percentage change after the initial rise suggests that any positive effects from this event may have been offset by other factors.
3. **S&P 500 Performance**: The broader market's performance can also impact individual stocks. Today, the S&P 500 experienced a bullish "golden cross," which typically signals a positive momentum for stocks. However, HBNB's stock price decrease suggests that the company may not have benefited from this broader market positivity.
4. **Sector-Wide Trends**: As a hospitality and prop-tech firm, HBNB's stock could be affected by sector-specific trends. For example, if there are any negative developments in the hospitality industry or concerns about the company's growth prospects, it could lead to a decrease in its stock price.

In conclusion, HBNB's stock price decrease today is likely a result of a combination of factors including recent market volatility, company-specific developments, S&P 500 performance, and sector-wide trends. Investors should monitor these factors for any signs of improvement or further declines in HBNB's stock price.