Airbnb, Inc. Message Board

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Technology Stocks : Airbnb, Inc.

ABNB 126.35

-0.1%

Oct 30 3:59 PM EDT

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From: roto	6/18/2021 7:36:05 AM
	of 77

Airbnb Stock: Is It A Buy? Here's What Fundamentals, ABNB Stock Chart Action Say investors.com "Airbnb stock has dazzled investors since its Nasdaq debut in December last year. From its initial public offering price of $68 per share, ABNB stock soared as much as 223%, hitting an all-time high of 219.94 on Feb. 11. On May 24, the company unveiled more than 100 upgrades "to refine and improve every aspect of the Airbnb service, from our website and app to our community support and policies," Airbnb noted in a news release. Investors liked the news. On May 27, shares surged 6.3% in triple its average volume over the past 50 sessions. That helped ABNB stock end a seven-week slump and lodge a 4.2% gain for the week ended May 28. And a 7.4% lift in heavy turnover in the week ended June 4 adds another hint that institutional investors are feasting on the beaten-down shares. On Tuesday, Airbnb rallied another 2.2% and hit a five-week high..."

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