Airbnb Inc.
(NASDAQ:ABNB) shares are popping Friday after the home-sharing platform posted second-quarter results that cleared expectations on both the top and bottom lines.
Airbnb stock is approaching key resistance levels.
Why is ABNB stock breaking out?
Airbnb Beats Its Own Outlook Across Every Metric in the Quarter Earnings of $1.37 per share topped Wall Street's $1.25 estimate, while revenue of $3.61 billion beat the $3.58 billion consensus and rose from the $3.1 billion generated in the comparable period a year earlier.
