The holiday time is slowly coming to an end and I was surprised to see that $ABNB, despite the fact that summer should be their main season, has written off around 11% in the last month, somehow I thought at the beginning of the holiday season that they would strengthen 🤔 How do you feel about it? Do you own shares of $ABNB?
I would also expect more of a growth stock, even though it's summer. Otherwise, I don't own ABNB stock, but I'm watching from afar.
The$ABNB will soon go into the SP500, which is very good news. But it was probably expected. I don't own the stock, but I use the service.
For some, the holiday season is ending, and for others it is beginning. I wouldn't see summer as such a strong season. Globally, I think it's going to average out. It's the end of the season in some places and the beginning of the season in others.
I had them, but I bought them from the beginning of the summer and only had them for the "season", sold them at a profit when they started to drop, now I don't plan on buying them.
Their business definitely picked up over the summer, but the traders were off, so nothing was happening from that perspective. They could have good sales by the end of the year and before Christmas, so it could grow :)