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The travel disruptor hasn't been a strong performer lately, but has the market overreacted?
Airbnb (ABNB -1.43%) reported second-quarter results that look quite strong, but the company's forward guidance scared investors. With the stock down by about 25% from its 2024 peak, let's take a look and see if this could be a smart stock to buy right now.
*Stock prices used were the morning prices of Sept. 24, 2024. The video was published on Sept. 25, 2024.
Matt Frankel has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Airbnb. The Motley Fool has a disclosure policy.
Matthew Frankel is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.
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