Airbnb rises on upbeat fourth-quarter revenue forecast

Shares of vacation rental firm Airbnb ABNB.O rise 4.7% to $126 premarket

Co sees Q4 revenue above Wall Street estimates

ABNB posted higher third-quarter earnings, supported by strong bookings in Latin America and Asia Pacific markets

Expects Q4 revenue of $2.66 bln to $2.72 bln, above estimates of $2.67 bln, according to data compiled by LSEG

It reported quarterly per-share profit of $2.21, compared with $2.13 last year

Co posted Q3 revenue of $4.10 billion, up 9.7% from a year earlier

As of last close, stock down 8.4% YTD