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Why Airbnb Stock Fell Today

TheMotleyFool

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Shares of Airbnb (NASDAQ: ABNB) finished lower today as Morgan Stanley downgraded the stock and due to a broader sell-off on fears of a recession.

The stock closed down 5.5%.

Morgan Stanley analyst Brian Nowak lowered his rating from equal weight to underweight on the home-sharing stock as he foresaw constrained supply growth for the company.

Source Fool.com

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