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Benzinga
Benzinga
Politics
Anusuya Lahiri

Airbnb Suspends Operations In Russia, Belarus

  • Home rental company Airbnb Inc (NASDAQ:ABNB) suspended its operations in Russia and Belarus, CEO Brian Chesky tweeted.
  • Multiple U.S. conglomerates aligned with sanctions on Russia by restricting their services post its invasion of Ukraine.
  • The conglomerates include Facebook parent Meta Platforms Inc (NASDAQ: FB), Apple Inc (NASDAQ: AAPL), Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) Google followed by the likes of Netflix Inc (NASDAQ:NFLX), Spotify Technology S.A. (NYSE: SPOTand many more.
  • Price Action: ABNB shares traded lower by 2.56% at $147.80 in the premarket on the last check Friday.
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