Down 46%, Is It Time to Buy the Dip on This Growth Stock?
Airbnb(ABNB) The Motley Fool·2024-08-28 17:15
Dominating an industry doesn't guarantee strong investment returns.There aren't many businesses that have upended an industry quite like Airbnb (ABNB 0.89%) has. The alternative accommodations platform, which was founded in 2008, quickly ascended to become a major player in the travel sector. It has become so successful that the company's name is often used as a verb.But Airbnb hasn't been the best at taking care of its investors. As of this writing, shares were trading a gut-wrenching 46% off their all-tim ...