Get all your news in one place.
100’s of premium titles.
One app.
Start reading
Benzinga
Benzinga
Business
Henry Khederian

Why Airbnb Shares Are Falling

Shares of travel stocks, including Airbnb Inc (NASDAQ:ABNB), are trading lower amid continued COVID-19 omicron variant concerns, with some governments imposing travel restrictions.

Airbnb is trading lower by 10% over the past five sessions and lower by 21% over the past month amid ongoing COVID-19 omicron variant concerns.

See Also: Why Lowe's Shares Are Trading Lower Today

Airbnb is the world's largest online alternative accommodation travel agency, also offering booking services for boutique hotels and experiences. Airbnb's platform offered 5.6 million active accommodation listings in 2020. Listings from the company's 4 million hosts are spread over 220 countries and 100,000 cities.

Airbnb has a 52-week high of $219.94 and a 52-week low of $121.50.

Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
From YouTuber to NASCAR driver: Cleetus McFarland expands his racing resume at Daytona
Garrett Mitchell is better known as “Cleetus McFarland” to his millions of followers gained over the years as a racing influencer
The Independent UK
The Independent UK
Woman orders wedding dress from Dior. Then she sees the box it came in. People are alarmed at the reveal: ‘I thought that was a fridge’
Forget butterflies and happy tears. This Dior bride’s big moment arrived looking less like couture and more like a Home Depot delivery. In a now-viral TikTok, handymen lug a massive wooden crate into her house–except it’s the kind you’d expect to hold a fridge, not a frock.
The Mary Sue
The Mary Sue
8 Signs Your Healthy Southern Diet is Actually Causing Inflammation
Traditional Southern flavors often rely on fresh produce and lean proteins, but common preparation methods can unintentionally trigger inflammation. While many believe they are following a wholesome regional diet, specific dietary habits might be working against health goals. Identifying these subtle shifts in nutrition can help restore balance and improve…
Budget and the Bees
Budget and the Bees
The science behind the trend for showering in the dark before bed
The latest wellness trend and “sleep hack” involves switching off the bathroom light before stepping into the shower. In the dimness, the water feels louder, the day’s visual clutter fades and the hope is that sleep will come more easily. This practice, often called “dark showering”, has spread on social…
The Conversation
The Conversation
Country singer reveals horrific hate comment from follower amid incurable cancer diagnosis
Nat Myers first revealed his cancer diagnosis last year
The Independent UK
The Independent UK
So, How Did It Go When Blake Lively And Justin Baldoni Showed Up In Complementing Colors In Court? His Lawyer Speaks Out
This is WILD.
Cinemablend
Cinemablend
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.
Download on the AppStore Get it on Google Play