Here's Why Airbnb Stock Is Soaring on Friday
The stock market was generally higher on Friday, but travel disruptor Airbnb (NASDAQ: ABNB) was a big outperformer. As of 10:45 a.m. EDT today, the stock had rocketed higher by nearly 12%.
Airbnb had warned investors that the COVID delta variant would likely affect travelers' behavior in the third quarter. But the company's latest results show that it didn't hurt demand nearly as much as many experts feared.
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Source Fool.com