Airbnb Inc., the online-lodging booking platform that executed one of the largest initial public offerings of 2020 despite operating in a pandemic-whipped travel industry, continued to hold up better than other online-travel companies in the holiday season.
Airbnb
ABNB,
shares gained about 2% in after-hours trading Thursday, after falling 9.1% in the regular session to close at $182.06 — the stock’s worst day since its IPO. Shares in Airbnb have at times more than tripled their IPO price of $68 since debuting in December, making it worth more than $100 billion.
The San Francisco-based company reported fourth-quarter net income of $3.89 billion, or $11.24 a share, compared…