Airbnb, Inc. (ABNB) shares are gaining more than 10 percent on Wednesday morning trade after lifting the revenue outlook for the first quarter.
The company reported fourth-quarter revenue of $1.9 billion.
For the first quarter, the company raised its first-quarter revenue to a range of $1.75-$1.82 billion, up from the prior projection of $1.68 billion.
Currently, shares are at $136.15, up 12.64 percent from the previous close of $120.87 on a volume of 12,108,438.
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