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2 Reasons to Be Bullish on Airbnb in 2023

TheMotleyFool

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2 Reasons to Be Bullish on Airbnb in 2023: https://g.foolcdn.com/editorial/images/716074/airbnb-chiang-mai.jpg

Airbnb (NASDAQ: ABNB) came into 2023 trading around post-IPO lows. Despite its strong growth last year, investors seem to be skeptical that the travel disruptor can keep it up as the threat of a recession, the company's moderating growth, and broader market sentiment led the stock to fall nearly 50% last year.

While these concerns and the market malaise may persist, Airbnb still looks like a good bet to outperform in 2023. Here are two reasons why.

Image source: Airbnb.

Source Fool.com

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