Is Airbnb buy ?

Jasonc13
2021-09-17

Airbnb stock has dazzled investors since its Nasdaq debut in December. From its initial public offering price of $68 per share, ABNB stock soared 223%, hitting an all-time high of 219.94 on Feb. 11.

Amid growing concern over how the delta variant of Covid-19 could affect people's travel plans, Airbnb (ABNB) endured another steep slide in July. However, shares are moving bullishly again. On Aug. 24, shares ramped up 10% to a three-month high in blistering volume — a sign that institutional investors are possibly loading up on shares. Almost 21 million shares exchanged hands, more than triple its average turnover over the past 50 sessions.

Since then, the stock has turned in three straight solid weekly gains, hitting levels last seen in May.

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Comments

  • YeanPin
    2021-09-18
    YeanPin
    4. Ignore the short term volatility and if you can load up on the dips. Good company will definitely rise in the long run so hold strong.
  • Jasonc13
    2021-09-17
    Jasonc13
    sure it will continue growth [看涨]
  • Deonc
    2021-09-17
    Deonc
    Just concern over Black Delta Variant
  • Deonc
    2021-09-17
    Deonc
    please comment and like
  • SieCW
    2021-09-30
    SieCW
    Buy and accumulate if ur conviction on the company is high. The opening up of travelling will definitely give positive impact to the stock price
  • Mr Charles
    2021-09-22
    Mr Charles
    please like
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