Airbnb finally went public and WOW was it an interesting afternoon. The price shot up from its initial $68/share to OVER $150/share. Will the stock price continue rallying or will it correct to reasonable levels? What will the future hold for the Airbnb stock price? What are your price predictions and price forecasts for this revolutionary company? Will you be buying airbnb stock at this price? #airbnb #abnb #airbnbipo
In this reaction video, let's discuss the share price and what it means for the company valuation. The fundamental analysis is strong but what are the technicals saying? The Airbnb business is in the midst of a difficult year, their revenues have dropped significantly, is this share price sustainable?
Airbnb is a short term rental platform that operates using the sharing economy model. It is a two sided marketplace that connects property owners / hosts with travellers / renters.
Subscribe and play some business with us today!
