ABNB - 3 Must-Know Facts About Airbnb Before You Buy the Stock
2024-05-15 05:25:00 ET
A poster child of the so-called gig economy, most investors have surely heard about Airbnb (NASDAQ: ABNB) by now. This company has a presence in almost every country across the globe, and its name has become synonymous with booking getaways.
The travel stock hasn't been the best for its shareholders. As of this writing, it's down 33% from its peak price. But the valuation is compelling at a price-to-earnings ratio of 20.
Before scooping up shares, though, it's important to know these three important facts about Airbnb.
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3 Must-Know Facts About Airbnb Before You Buy the Stock