Better Buy: Airbnb vs. Uber Technologies
Airbnb (NASDAQ: ABNB) and Uber Technologies (NYSE: UBER) both disrupted mature markets with their streamlined apps. Airbnb challenged hotels by letting people rent out their own properties, while Uber challenged taxis by allowing nearly anyone to become a paid driver. Uber Eats also became one of the world's largest food delivery services.
Airbnb's stock price has dipped 7% over the past 12 months, making it one of the market's more resilient growth stocks, but Uber's stock has declined nearly 50%. Let's see why Airbnb outperformed Uber by such a wide margin, and if it will continue to generate bigger gains for the foreseeable future.
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Source Fool.com
