Airbnb warns of ‘greater volatility’ amid conflicts abroad as sales outlook comes up short of estimates

Shares of Airbnb fell on Wednesday after the vacation-home rental platform warned of “greater volatility” and weaker trends in nights booked for the fourth quarter amid deepening conflicts abroad.

Airbnb ABNB said it expected fourth-quarter revenue of $2.13 billion to $2.17 billion. That was a bit below FactSet estimates for $2.18 billion.

“[The…