Airbnb Stocks: Buy or Sell?

08.05.2023

Airbnb stock has intrigued investors looking for the best growth stocks since it debuted on the market in December 2020. From an initial public offering price of $68 per share, ABNB has soared 223%. On Feb. 11, 2021, shares of this large Nasdaq-listed company hit an all-time high of 219.94.
yach
But this year’s significant gains — and growing signs that the travel accommodation innovator is working to build a new base — suggest that things are changing.

In mid-February, ABNB stock hit a nine-month high. The day after fourth-quarter results were released on Feb. 14, they were up 13%.

At one point in February, ABNB stock climbed to 144 points and came close to erasing half of its 138-point drop from its peak of 219.94.