Just as many travelers were getting ready to book vacations, the Delta variant of COVID-19 appeared. For certain companies dealing in short-term accommodation options, this is but one headwind in a storm of largely positive developments. Airbnb, Inc. (ABNB) has been seeing a momentum- building wave of both high demand for all types of vacations, as well as an increasing supply of properties with which to meet that curve.  (See Airbnb stock charts on TipRanks) Providing his bullish hypothesis on the company is Brian Fitzgerald of Wells Fargo, who wrote that Airbnb has knocked out a “key pillar of the bear case” by successfully raising listing supply. The firm recently ran a campaign to recruit hosts, which saw optimistic results.
https://www.tipranks.com/news/article/no-time-for-vacation-airbnb-pushing-ahead?utm_source=advfn.com&utm_medium=referral
Airbnb (NASDAQ:ABNB)
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