Not every selloff is a buying opportunity, but when a high-quality stock is down, it's worth taking a closer look.

As a business, Airbnb (NASDAQ: ABNB) has had a stellar year, making a full recovery from the pandemic and then some. In the third quarter, revenue was up 29% to $2.9 billion, and net income jumped 46% to $1.2 billion. Despite those results, the stock has been moving in the opposite direction this year, down 44% year to date, as the chart below shows.

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Source Fool.com