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Airbnb's stock dropped after a bond sale, insider shares sold, and earnings missed expectations despite revenue growth.
Airbnb's stock declined following a $2.5 billion bond offering to refinance debt and multiple insider sales, including co-founder Joseph Gebbia selling 58,000 shares for $7.6 million.
The company reported second-quarter earnings of $0.56 per share, missing estimates, though revenue rose 12.9% year-over-year to $2.78 billion.
Despite a "Hold" analyst consensus and mixed signals, some firms maintain buy ratings, citing strong travel demand and growth in services like Airbnb Luxe and experiences.
The stock traded around $126.30 with a market cap of $76.88 billion.
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Las acciones de Airbnb cayeron después de una venta de bonos, acciones internas vendidas y ganancias que no alcanzaron las expectativas a pesar del crecimiento de los ingresos.