Tag: $Airbnb

Blackstone and Airbnb set to join S&P 500; shares climb

 Shares of Blackstone and Airbnb rallied in extended trade on Friday after S&P Dow Jones Indices said the two companies would join the S&P 500  index.

Airbnb drops 10% after earnings report offers cautious outlook for second quarter

Total revenue rose 20% year over year. Airbnb swung to a net profit of $117 million, or 18 cents per share, from a net loss of $19 million, or 3 cents per share, in the year-earlier period. The figure marks the first time Airbnb has been profitable during its first quarter on a GAAP basis.