3 Reasons to Buy Airbnb -- and 1 Reason To Sell
Airbnb's (NASDAQ: ABNB) stock is up over 10% in the last month after reporting a fantastic third-quarter earnings report. The travel hosting platform is seeing a strong recovery as we slowly come out of the COVID-19 pandemic restrictions around the world, which is providing a tailwind to the business. The company is seeing an increase in demand, higher average daily rates (ADR) for its hosts, and strong margin expansion.
The numbers Airbnb put up were impressive, and it looks like the business is firing on all cylinders at the moment. Here are three reasons to buy Airbnb stock right now and one reason to sell.
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Source Fool.com