Airbnb Shares Rise 11.9% in a Month: What Should Investors Do Now?
Airbnb(ABNB) ZACKS·2024-10-09 00:03
Airbnb (ABNB) shares have jumped 11.9% over the past month. This performance has significantly outpaced the Zacks Internet-Content industry, the broader sector and the S&P 500's returns of 6.9%, 8.2% and 5.4%, respectively.The company is riding on its strong core business, strategic investments and expanding global footprint. Solid momentum in its marketplace, which connects hosts and guests online, and strong listings on its platform are helping it grow in urban and non-urban areas. It is worth mentioning ...