As Investors Rush Back to Airbnb, How Deep is the Hole it Must Clumb Out Of?

Last week, Airbnb’s (ABNB) stock shot up more than16% following a host of bullish analyst reports indicating that the company is well-positioned to capitalize on the expected recovery in the travel industry. Jefferies, Canaccord Genuity and Mizhuo Securities, all raised their price targets for Airbnb after the company delivered its first earnings report on Thursday

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