Airbnb’s tepid bookings target disappoints investors; shares slide

Vacation rental Airbnb Inc on Tuesday forecast bookings for the current quarter at par with the record-breaking previous one, disappointing investors who had expected far more amid booming summer demand from pandemic-weary travelers. Booking rates slowed in May and June from April, which was the biggest contributor to the bumper second quarter as travelers across … Continue reading Airbnb’s tepid bookings target disappoints investors; shares slide