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- Home rental company Airbnb Inc (NASDAQ:ABNB) suspended its operations in Russia and Belarus, CEO Brian Chesky tweeted.
- Multiple U.S. conglomerates aligned with sanctions on Russia by restricting their services post its invasion of Ukraine.
- The conglomerates include Facebook parent Meta Platforms Inc (NASDAQ: FB), Apple Inc (NASDAQ: AAPL), Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) Google followed by the likes of Netflix Inc (NASDAQ:NFLX), Spotify Technology S.A. (NYSE: SPOT) and many more.
- Price Action: ABNB shares traded lower by 2.56% at $147.80 in the premarket on the last check Friday.