Why Airbnb Stock Crashed This Morning
Airbnb (NASDAQ: ABNB) had a great IPO week last week, first "dramatically" raising its IPO price to a range of $56 to $60 before actually going public, then more than doubling on its first day of trading before pulling back just a bit to close the week.
This week could be a bit different. With a downgrade as the first news of the week, Airbnb is starting off on a down note and falling 8.4% through 1:10 p.m. EST
Image source: Getty Images.
Source Fool.com