Argus Research's analyst team downgraded Airbnb (ABNB) stock to Hold from Buy, citing slowdowns in the lodging booking platform's room nights bookings. Airbnb has demanded New York City officials to scale back its regulations on short-term rental hosts.

Catalysts hosts Madison Mills and Brad Smith report on the analyst note and where Airbnb is running into challenges.

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This post was written by Luke Carberry Mogan.