Airbnb Falls 7% in 6 Months: How Should You Approach the Stock?

Airbnb’s (ABNB) shares have lost 7.4% over the past six months, underperforming the Zacks Consumer Discretionary sector’s 16.4% return and the Zacks Leisure and Recreation Services industry’s 320.6% growth.The underperformance can be attributed to increased volatility in travel demand caused by macroeconomic challenges, intensified competition and the seasonality in travel business.However, Airbnb’s prospects are expected to benefit from consistent improvements in Nights and Experiences Booked, which are ex ...