$ABNB joined the S&P 500 index in early September, which shot it up more than 10%. In recent days, however, it has been gradually writing off those gains. Do you think this was a good move for the S&P500? Definitely for $ABNB, although it's hard to say whether it will keep the % it has gained.
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.
Airbnb's stock is up more than 60% this year, which is very respectable. Airbnb reported its results on Thursday which beat expectations and it looks like the company is going to do increasingly well. I took a quick look at the company's financial statements and I have to say that I really like the fundamentals. I don't know if I would want to include $ABNB stock in my...
Read more
I'm not too interested in any results, so I'll keep an eye on CPI and PPI data.
Over time, yes, it will depend on the world situation. But ABNB has made a solid comeback since covid. Those who bought in probably don't regret it.
Shares of travel company Airbnb $ABNB are losing nearly 10% today, despite the company reporting better-than-expected Q1 results. It also presented a relatively cautious outlook for the second quarter of the year. The second quarter has historically been the most successful quarter for its business, along with the third quarter, thanks to a summer season favorable for travel...
Read more
Nice summary, but I don't really understand the market reaction from these numbers. Do you use Airbnb when you travel?
As others have written here, if the company will qualify, why not. Of course, I would say it was a good move and we will see how the company's stock does going forward.