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Airbnb stock drops despite 'biggest and most profitable quarter ever'

Por: MarketWatch Business November 01, 2022

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In a letter to shareholders, the lodging-booking company attributed its third-quarter results — which it said would have been even better were it not for the strong dollar — to the continued travel recovery and strong demand. “We continue to thrive despite macroeconomic uncertainties,” Chief Executive Brian Chesky said during the earnings call. The company saw an increase in nights and experiences booked across all regions as... + full article



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