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Benzinga
Benzinga
Business
Adam Eckert

Why Airbnb Shares Are Rising Today

Airbnb Inc (NASDAQ:ABNB) is trading higher Wednesday after the company announced better-than-expected top-line results for the fourth quarter and issued guidance above estimates.

Airbnb reported quarterly revenue of $1.5 billion, which beat the $1.46 billion estimate. The company reported adjusted EBITDA of $333 million, which was up from a loss of $21 million year-over-year. 

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