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Airbnb's $1.137 Billion Trading Volume Lands 59th in Market Ranking
Generated by AI AgentAinvest Market Brief
Thursday, May 1, 2025 8:08 pm ET1min read
On May 1, 2025, Airbnb's trading volume reached $1.137 billion, ranking 59th in the day's stock market. Airbnb's stock price increased by 1.71%.
Airbnb reported its financial results for the first quarter of 2025, with revenue reaching $2.27 billion, a 6% increase from the previous year. The company's net income for the quarter was $154 million, representing a 7% net income margin. Despite surpassing earnings expectations, Airbnb's stock experienced a post-market decline.
During the earnings call,
highlighted that the number of nights and experiences booked grew by 8% to 143.1 million, slightly below the estimated 143.16 million. The average daily rate (ADR) decreased by 1% to $171. This information was made available to investors through Airbnb's Investor Relations website.
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