The announcement of Airbnb, Inc. (ABNB) to be included in the S&P 500 on September 18, before the market opening, has triggered significant investor interest. Moreover, the stock has witnessed a steady run this year, bolstered by a robust demand within the travel sector.
However, recent regulation enforcement targeting Airbnb and short-term rentals within New York City could potentially impact the company’s immediate growth. New regulations require hosts to register with the city and meet certain obligations.
