Is It Too Late to Buy Airbnb Stock?
Airbnb (NASDAQ: ABNB) was crushed at the pandemic's onset. The worldwide travel facilitator watched as revenue declined in response to the spread of the potentially deadly virus. Not only were fewer people willing to travel during the tumultuous time, but fewer people were interested in making their homes available.
Thankfully, the world is making progress combatting COVID-19, and people are leaving their homes and taking those vacations they were putting off earlier on in the outbreak. As a result, Airbnb stock is catching fire with investors and is up 7% in the last five days of trading. That has some market participants asking if it's too late to buy Airbnb stock. Let's address that concern below.
Source Fool.com