Airbnb Stock Plummets to 191st in Trading Volume Ranking Amid Analyst Downgrades

Generated by AI AgentAinvest Volume Radar
Wednesday, Jun 18, 2025 8:00 pm ET1min read

On June 18, 2025, Airbnb's trading volume reached $388 million, marking a 37.92% decrease from the previous day. The stock ranked 191st in terms of trading volume for the day, with

(ABNB) experiencing a 0.91% decline, marking its second consecutive day of losses, with a total decrease of 3.68% over the past two days.

Airbnb's stock faced a significant setback as Truist analysts downgraded it to a Sell rating, lowering their price target to $106 per share. This decision was influenced by softened demand forecasts for the summer season, which raised concerns about the company's future performance.

Additionally,

analyst Brian Nowak maintained a Sell rating on Airbnb, setting a price target of $125.00. This move further underscored the bearish sentiment surrounding the stock, as analysts continue to express caution about its valuation and growth prospects.

Despite these challenges, Cathie Wood, a prominent investor, purchased shares of Airbnb on Tuesday, indicating some level of confidence in the company's long-term potential. However, the overall market sentiment remains cautious, with analysts and investors closely monitoring Airbnb's performance in the face of economic uncertainties and competitive pressures.

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