Airbnb experienced an 11.6% decline in its share price over the past week. This downturn coincided with a broader market turmoil, as the Nasdaq experienced a significant drop rendering it in bear market territory amid escalating global trade tensions following President Trump’s tariff announcements. The widespread market sell-off impacted numerous sectors, including technology and leisure, which could have influenced Airbnb’s performance. Despite the broader market’s struggle, the company’s reaction aligns with the concerns over potential economic challenges, elevated inflation risks, and possible slower growth that have dominated investor sentiment recently.
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Airbnb’s total shareholder return, including share price changes and dividends, registered a 34.07% decline…