Why Airbnb Stock Skyrocketed Wednesday

1 min read

Investors in new IPO and vacation rental website Airbnb (NASDAQ: ABNB) have had a rough week so far, as their shares continued to tumble from a post-IPO high of $165 hit last week, finally ending below $125 last night. But the morning dawned bright today.

As of 11:30 a.m. EST, Airbnb stock is up nearly 12%.

Image source: Getty Images.

Continue reading

Leave a Reply

Your email address will not be published.

Previous Story

Why New Fortress Energy, Atlas Corp, and iQIYI Stocks All Crashed Wednesday

Next Story

Why Shopify Stock Jumped Today

Latest from Blog