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Why Airbnb Jumped 30% in January


Shares of Airbnb (NASDAQ: ABNB) jumped by 30% in January compared to where they closed out 2022, according to data provided by S&P Global Market Intelligence, as the short-term rental and vacation travel platform continued to benefit from the recovery in the travel sector.

However, Wall Street remains cautious about how far that recovery will go, with investors particularly concerned about how it might impact leisure travel if the U.S. economy slips into a recession.

Image source: Getty Images.

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Source Fool.com

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