Airbnb vs. Spain, Victoria’s Secret, Uber stock hits record high


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It’s time for Yahoo! Finance’s market minute. US stocks pulling back from their recent rally putting the S&P 500 at risk of snapping its six-day winning streak. Airbnb under pressure as Spain orders the company to withdraw more than 65,000 listings for holiday rentals. The consumer rights ministry noting the general lack of control and illegality, as it put it, in the holiday rental business. Victoria’s Secret adopting a limited duration shareholder rights plan, what’s frequently called a poison pill. That’s after BBRC International, that’s an entity controlled by an Australian billionaire, raised its stake to 13% of shares. The company aiming to reduce the likelihood that any person or group could gain control of Victoria’s Secret through open market accumulation or other tactics. And Uber is joining the growing list of stocks hitting all-time highs. It also got a price target lift at JP Morgan to $105 from $92. And that’s your Yahoo! Finance market minute. For more on what’s trending on Yahoo! Finance, scan the QR code below.


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