Can Airbnb Still Thrive in a Recession?

Digital lodging platform Airbnb stock has fallen (-30%) on the yearAirbnb raised its fiscal Q3 revenue guidance in anticipation of hitting all-time high quarterly revenuesPrudent investors can use the reset to look for opportunistic pullbacks

Digital lodging platform Airbnb (NASDAQ: ABNB) stock has fallen (-30%) on the year despite turning profitable with record revenues. The travel and leisure industry was taken to the woodshed during the pandemic lockdowns. The epicenter industry managed to recover as pent-up demand drove traffic back up to near pre-COVID levels. Airbnb is the Uber (NASDAQ: UBER) of digital lodging platforms connecting hosts with travelers in an asset-light model. The Company posted its most profitable and

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