Day: January 12, 2021

Why Airbnb Stock Could Soar in 2021

Airbnb (NASDAQ:ABNB) jumped out of the gate following its IPO last month, and it’s easy to see why.

The company is disrupting the massive travel industry, having pioneered the home-sharing concept for over a decade. And it just survived its toughest test yet during the coronavirus pandemic, adapting to shifting demand and recovering most of its lost sales within months, demonstrating its advantage over hotels.

Airbnb hasn’t even been public for a month, but the stock could be poised for a surge in 2021. Here’s why.

An Airbnb stay in an Airstream under a tent

Image source: Airbnb.

Pent-up travel demand

The global industry travel has been

Read More