Should You Invest in Airbnb in 2022?
Airbnb (NASDAQ: ABNB) has become a household name in the world of travel. For both travelers in search of places to stay and hosts who offer their homes to guests, Airbnb has become the go-to service. Because it's been around since 2007, it's easy to forget that Airbnb is still new to the public markets, just past the one-year mark of its December 2020 IPO. In the past year, shares have been volatile, trading as high as $220 and as low as $130. As we enter 2022, investors may be wondering what the future holds for this popular business. So should you invest in Airbnb in 2022? Let's dig in and find out.
When Airbnb reported earnings for the third quarter, the results were impressive. The market responded accordingly, and shares jumped 13% the next day, starting an upward trend that lasted until the tech sector sell-off began in mid-November.
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Source Fool.com