As COVID-19 vaccines become widely available and travel restrictions ease in some parts of the world, Airbnb (ABNB) has seen its revenues surge 5% in the first quarter. However, the stock has plummeted 8.2% year-to-date due to the company’s staggering losses and concerns related to the travel industry’s gloomy prospects. So, the question is, will the stock recover or will it suffer further declines? Read more to find out.
Thursday, December 02, 2021