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EARNINGS RESULTS
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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, according to its first earnings report as a public company.
Airbnb shares were unchanged 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.
The San Francisco-based company reported fourth-quarter net income of $3.89 billion, or $11.24 a share, compared with a loss of $1.34 a…