Airbnb: Why It's Still Worth Catching The Falling Knife Now (Upgrade)
ABNBAirbnb(ABNB) Seeking Alpha·2024-08-08 20:30
Joe Raedle/Getty Images NewsAirbnb Investors Shouldn't Have Ignored Overvaluation Risks Airbnb, Inc. (NASDAQ:ABNB) investors who ignored its potential overvaluation risks suffered a moment of reckoning this week as Airbnb's Q2 earnings release disappointed. I had already cautioned ABNB investors in March 2024 not to throw caution to the wind. I indicated potentially slowing growth and margin-dilutive growth investments as the company seeks to expand beyond its core market and geographical segments. Coup ...