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Shares of Airbnb (ABNB) are trading lower despite the company beating estimates in its first quarter results. Airbnb posted revenue of $2.14 billion, surpassing analyst estimates of $2.06 billion. On adjusted earnings per share, the company reported $0.41 a share, topping Wall Street expectations of $0.30 per share. However, the company's second quarter revenue outlook fell short of estimates, weighing on shares.

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This post was written by Angel Smith