- Airbnb shares closed at $149.58, down 7.6%.
- The S&P 500 fell 0.8% to 7706.03; the Dow fell 0.7% to 51,511.59.
Airbnb shares fell 7.6% to $149.58 during a broad market decline. The S&P 500 lost 0.8% and the Dow fell 0.7%. Trading volume hit 13.6 million, well above the 50-day average of 4.6 million. The stock closed 22.7% below its 52-week high. No specific catalyst was cited by the report.
One free account opens every story complete, the live board, the 30-day calendar, a watchlist and breaking alerts on your phone. No card. The wire stays free to read.