Airbnb Stock Sheds Early Buzz; Holiday Week in Focus
Airbnb Inc. shares slipped Friday ahead of the Memorial Day break, while the wider U.S. market moved higher. Investors pulled back after a midweek rally fueled by the company’s expansion into travel apps. Airbnb shares ended Friday at $132.35, off 1.42%. The stock traded under its May 15 close of $132.85 as it slipped modestly over the week. The Nasdaq composite gained 0.2% Friday and was up 0.5% for the week, but Airbnb lagged the move.