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Why is $ABNB underperforming going into Q3 results?
Airbnb stock underperforming big going into earnings on Tuesday. Both today and yesterday $ABNB underperformed $QQQ significantly, I wonder if someone has insider information, or people just taking profits?

They will do $1.16B+ in net profits for Q3, only crazy people would sell into that kind of print. If you adjust for IPO costs (one time), the EPS trend for Airbnb is clear as water. Finally a lot of investors are missing the fact that Airbnb can join the S&P 500 after Q3 results, since they clear the market cap, volume, and profitability requirements.

Fundamentals have never been this strong for $ABNB.

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