The big winner of the Airbnboom: luxury rentals [Yahoo! Finance]
Airbnb, Inc. - Class A (ABNB)
Company Research
Source: Yahoo! Finance
It was meant to be an investment project for him and his daughter to work on together. But as more people moved away from bustling and expensive urban centers and landed in the Midwest , their hopes were quickly shattered. The Fort Wayne housing market boomed. High demand for homes , coupled with the city's low housing stock, has kept costs relatively high — a Redfin analysis of housing data found home prices were up 9.2% in October compared with last year. The hot housing market has translated into higher property taxes, which is throwing off the short-term-rental business model. "The houses we purchased to turn into Airbnbs have been assessed so much higher than what we put into them that we almost can't afford to keep them," Kelly said. "The return on equity wouldn't be as high." Owners of short-term rentals across the country have faced a similar reality, sharing stories of declining revenues over the past few years as the market was flooded with new rentals AirDNA , an analyt
Show less
Read more
Impact Snapshot
Event Time:
ABNB
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
ABNB alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
ABNB alerts
High impacting Airbnb, Inc. - Class A news events
Weekly update
A roundup of the hottest topics
ABNB
News
- Airbnb, Inc. (ABNB) Advances But Underperforms Market: Key Facts [Yahoo! Finance]Yahoo! Finance
- How short-term vacation rentals use a decades-old internet law to dodge safety concerns [CNN]CNN
- How short-term vacation rentals use a decades-old internet law to dodge safety concerns [CNN]CNN
- Strength Seen in Airbnb (ABNB): Can Its 3.8% Jump Turn into More Strength? [Yahoo! Finance]Yahoo! Finance
- Social-media fundraising is the trendy model of altruism. But is it better than giving to traditional charities? [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
ABNB
Earnings
- 11/7/24 - Miss
ABNB
Sec Filings
- 12/23/24 - Form 144
- 12/19/24 - Form 4
- 12/13/24 - Form 4
- ABNB's page on the SEC website