Ah! The beauty of traveling anywhere in the world and living a dream, even for a few days, is Airbnb's promise to travelers. It also allows anyone to earn passive income from the extra room in their house or the entire house by renting it to others through Airbnb's platform. But those dreams haven't yet made the company's investors any money. The company's stock, ticker ABNB, has lost nearly 30% since its IPO, 11% of which happened after its Q1 2023 earnings report release. Would the dream ever translate to investment return for investors, and is the double-digit drop in the stock price a buying opportunity?
Resources:
🔬 Research ABNB on Stock Card: https://stockcard.io/ABNB
📝 Get the list of hotel stocks: https://stockcard.io/featuredtheme/Lodging
