Airbnb Inc.'s stock surged over 14% on Wednesday after the company revealed in its financial report that it's full-year revenue for the fiscal 2022 hit $8.4 billion, surging 40% year-over-year.
"Looking forward to 2023, we're seeing strong demand in Q1, indicating that consumer confidence to travel remains high," San Francisco-based firm said in the statement.
The company's shares soared 14.13% at 1:44 pm ET, to sell at $137.9416 per share.
