DJ Airbnb Inc. Cl A Stock Falls Thursday, Underperforms Market
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Shares of Airbnb Inc. Cl A $(ABNB)$ shed 7.19% to $113.97 Thursday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 4.84% to 5,396.52 and Dow Jones Industrial Average falling 3.98% to 40,545.93.
The stock's fall snapped a two-day winning streak.
Airbnb Inc. Cl A closed 31.65% short of its 52-week high of $166.74, which the company achieved on April 24th.
Trading volume (7.9 M) eclipsed its 50-day average volume of 5.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled April 3, 2025.
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(END) Dow Jones Newswires
April 03, 2025 16:41 ET (20:41 GMT)
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