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ABNB - Growth Bubble Bursts: All Good Things Come To An End
March, 06 2021 08:00 AM
Airbnb Inc.
Growth names profited from ultra-lose monetary policy and massive stimulus spending. With rising rates, that tailwind has ceased to exist. Valuations were very high across many growth names, and now they are coming back down to earth. Value has easily outperformed growth over the last month, and more of the same could be coming, as growth names continue to underperform. For further details see:
Growth Bubble Bursts: All Good Things Come To An End
Stock Information
Company Name:
Airbnb Inc.
Stock Symbol:
ABNB
Market:
NASDAQ
Website:
airbnb.com
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