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Airbnb's Trading Volume Surges 103.3% to $1.221 Billion, Ranks 104th in Daily Volume
Generated by AI AgentAinvest Volume Radar
Friday, May 30, 2025 8:50 pm ET1min read
On May 30, 2025, Airbnb's trading volume reached $1.221 billion, marking a 103.3% increase from the previous day. The company's stock price rose by 0.50%, placing it at the 104th position in terms of trading volume for the day.
Truist Securities has downgraded Airbnb's stock rating from Hold to Sell, citing concerns over weak summer leisure trends and valuation issues. The brokerage firm also reduced its price target for
shares from $112 to $106, reflecting a more cautious outlook on the company's prospects.Airbnb has released its first quarter 2025 financial results, which are available on its Investor Relations website. The company will host an audio webcast to discuss these results, providing investors with an opportunity to gain insights into its performance and future strategies.
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