(Finance) – Brilliant upside for AirBnbwhich rises dramatically, with a gain of 4.82%.
The creator group of the homonymous platform for sharing apartments between individuals has announced that it has closed the fourth quarter with a return in profit of 54.5 million dollars, against the red of 3.89 billion a year earlier. The result also exceeds the expectations of analysts who had estimated net profits of 29.5 million. In the three months i revenues are growing from 859.3 million to 1.53 billion dollars, against the 1.46 billion of the consensus.
The comparison of the title with the Nasdaq 100on a weekly basis, shows the greatest relative strength of the online portal used for short-term rentals of accommodation compared to the index, highlighting the real attractiveness of the stock by buyers.
The short-term implications of AirBnb underline the evolution of the positive phase in the test of the USD 194.3 resistance area. A descent to the bottom 180.7 is possible. A strengthening of the curve is expected to test new targets 207.8.