Airbnb Shares Rise After A Rough Week and Intel Shares Are Volatile After Releasing Q4 Earnings 🛏

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Airbnb Shares Rise After A Rough Week and Intel Shares Are Volatile After Releasing Q4 Earnings

Airbnb

On Thursday, shares of Airbnb skyrocketed, closing up 11.47%.

Airbnb’s stock has struggled this week after the company announced they would be cancelling reservations and refunding hosts for lost revenue in Washington D.C. ahead of the Inauguration of former Vice President, Joe Biden. Airbnb cancelled reservations amid security concerns.

Earlier this week, shares tumbled 7% after analysts from Redburn Partners initiated Airbnb to a rating of Sell and a price target of $74.

Shares of Airbnb are up over 16% in the past month.

Intel

Shares of Intel were volatile on Thursday, closing up 6.46% in regular session trading and tumbling more than 4% in after-hours trading. Shares fell after the chipmaker released its fourth-quarter earnings report.

Intel reported earnings of $1.52 per share on revenue of $20 billion in the fourth quarter. Analysts expected Intel earnings of $1.10 per share on revenue of $17.5 billion. Despite beating earnings expectations, Intel’s stock fell after-hours. The company also hiked its cash dividend 5% to $1.39 per share on an annual basis.

Shares of Intel are up over 32% in the past month.

I am not a financial advisor and my comments should never be taken as financial advice. Investments come with risk, so always do your research and analysis beforehand.

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