Airbnb expects holiday-quarter bookings to moderate; shares fall
Source: Reuters
Nov 1 (Reuters) - Airbnb Inc forecast holiday-quarter revenue that could fall short of market expectations, saying a strong dollar had started to pressure its business and bookings would moderate, sending its shares down 7% after the bell.The San Francisco-based vacation rental company posted estimate-beating third-quarter profit and revenue.But growth slowed to 29% in the July-September period, down from 58% in…
