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Why Airbnb Stock Is Insanely Cheap Right Now

TheMotleyFool

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Why Airbnb Stock Is Insanely Cheap Right NowPhoto, wide shot, wide-angle lens, Grocery store, Midday, harsh overhead sunlight, directional sunlightt, photo by Thomas Heaton: https://img.midjourneyapi.xyz/temp/9a6c3fc6-53ff-4c6e-848b-263660ac3eb0.png

Airbnb's (NASDAQ: ABNB) stock has been beaten up by the market since management lowered 2024 guidance earlier this year. However, the company still has a leadership position in travel rentals and the opportunity to grow. Travis Hoium explains why he thinks the stock is cheap in this video.

*Stock prices used were end-of-day prices of Oct. 1, 2024. The video was published on Oct. 3, 2024.

Source Fool.com