(12th July) Thoughts on Airbnb (ABNB)
@daz888888888:
$Airbnb, Inc.(ABNB)$Investors took a quick liking to Airbnb (NASDAQ: ABNB when the stock debuted in December 2020 and immediately bid the price higher. The first day of trading led to the price more than doubling from the $68-per-share debut price, and it hit intraday highs near $220 by mid-February 2021.The stock had some ups and downs with each new report related to the COVID-19 pandemic and its economic effects, then started a somewhat bumpy decline beginning in November 2021. Clearly, Airbnb did not escape the bear market and the decline has taken its price below $87 per share at one point in late June. with the stock now trading near 52-week lows, prospective buyers are asking whether or not Airbnb is a buy now. Let's see if we can find an an