Airbnb – from "Airbnbust" back to growth mode: a comeback story that you should definitely keep on your radar!
Reading Time: 2 minutes
The travel industry is making an impressive comeback. Following the Democrats' victory in the midterms, investors are hopeful for an end to the Iran war and falling oil prices, leading to a strong surge in travel stocks. The quarterly results from the industry also show: People are continuing to travel, but in a more conscious and price-sensitive manner. Chart-wise , the Airbnb stock has been moving within a broad range of around 100 to 190 USD since 2022 and is up almost 40% year-to-date. After the earnings report, the share price jumped in after-hours...
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