2 Reasons to Be Bullish on Airbnb in 2023
Airbnb (NASDAQ: ABNB) came into 2023 trading around post-IPO lows. Despite its strong growth last year, investors seem to be skeptical that the travel disruptor can keep it up as the threat of a recession, the company's moderating growth, and broader market sentiment led the stock to fall nearly 50% last year.
While these concerns and the market malaise may persist, Airbnb still looks like a good bet to outperform in 2023. Here are two reasons why.
Image source: Airbnb.
Source Fool.com