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Why Airbnb Stock Popped 12% Last Month

TheMotleyFool

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Shares of Airbnb (NASDAQ: ABNB) rallied 12.4% last month, according to data provided by S&P Global Market Intelligence, after the company reported its fourth-quarter results.

Investors were anticipating a strong fourth quarter from Airbnb and, as a result, they pushed the company's share price up a few days before the earnings release. Then, when Airbnb released its results on Feb. 26, Airbnb's stock continued rising.

Image source: Getty Images.

Source Fool.com

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