Down 48%, This Beaten-Down Travel Stock Is a Fantastic Long-Term Hold

Down 48%, This Beaten-Down Travel Stock Is a Fantastic Long-Term Hold
·3 min read

Not surprisingly, Airbnb's revenue fell by 30% in 2020. Fortunately for investors, Airbnb's stock is down 48% off its highs, making it an excellent time to buy and hold for the long term. In its first-quarter shareholder letter, Airbnb management noted that two years into the pandemic, Airbnb is substantially stronger than ever before.