Why Are Investors Maintaining Interest in Airbnb Inc. (ABNB) Under Bad Conditions?
Airbnb Inc. (ABNB) has gained over 30% since the calendar year started. This happened despite a challenging year for the tourism industry. Investors probably believe Airbnb remains a promising company, despite some temporary externalities currently impacting its business. When Airbnb’s IPO took place in December 2020, the travel industry was under pressure due to suspensions […]
ContextLogic (WISH) Failed To Perform Well On IPO, Airline Stocks Also Dropped For Low Recommendation,
On Wednesday, ContextLogic Inc (WISH) had a less flamboyant IPO than that of Airbnb Inc (ABNB) and DoorDash Inc (DASH). The parent company of online sales platform Wish, launched on Wednesday under the ticker “WISH” on the Nasdaq, lost ground for its first day of listing by dropping -16.4% to end the session at $20.05. […]
Alibaba (BABA), Trinseo (TSE), Cinemark (CNK), AMC, DoorDash (DASH), Airbnb (ABNB) Fell On Monday While Electronic Art (EA), Take-Two Interactive (TTOW) Rose
In Monday Trading, the Chinese giant Alibaba Group Holding Limited (BABA) fell -3.22 percent to $256.03. Alibaba as well as China Literature, a subsidiary of Tencent Holdings, and Shenzhen Hive Package, were each fined 500,000 yuan by the Chinese regulator. By this symbolic number, companies are fined for not properly reporting acquisitions. Electronic Arts Inc […]
Airbnb (ABNB), DoorDash (DASH), Pfizer (PFE), BioNTech (BNTX) Stocks Victims Of Profit Taking On Friday
On Friday, investors took profits on Airbnb Inc’s (ABNB) second day of trading which dropped -3.77 percent to $139.25 after its 113 percent rise the day before at its start on the Nasdaq. The other big IPO of the week, DoorDash Inc (DASH) dropped -5.91 percent to $175.00 correcting around 8 percent in two sessions, […]
