Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

1 Magnificent Stock You Should Buy On the Dip Right Away

TheMotleyFool

0 0

1 Magnificent Stock You Should Buy On the Dip Right Away: https://g.foolcdn.com/editorial/images/732833/person-holding-a-smartphone-with-a-stock-chart-on-screen.jpg

The Nasdaq-100 Technology Sector index turned in impressive gains, appreciating 20% so far in 2023. These come thanks to favorable signals such as cooling inflation and a resilient jobs market that kept the economy from sliding into a potential recession.

The tech stock rally rubbed off positively on shares of Airbnb (NASDAQ: ABNB). The stock is up by double-digit percentages so far this year. But its latest quarterly report led investors to press the panic button, and shares of Airbnb fell 17% over the past week as a result.

Let's look at what happened and whether this could be a buying opportunity for savvy investors.

Source Fool.com

Like: 0

ABNB

Share