Airbnb (ABNB) stock charged higher on Aug. 7, printing a new four-year high after the short-term rentals company posted a blowout Q2 release and raised its guidance for the full year.
ABNB recorded $3.61 billion in revenue, up 16.5% on a year-over-year basis, and $1.37 in earnings per share (EPS), handily beating the analyst forecast of $1.26 per share.