Airbnb (ABNB)
Ready for the rebound.
Introduction
Airbnb is an online marketplace disrupting the travel and hotel industry. Two weeks ago, the company reported first quarter earnings that missed analyst expectations by $0.81 per share. Revenue, on the other hand, came in above expectations and bookings were up 50% from the year prior.
Disruption from the pandemic and an unwinding of the ‘gro…