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Barchart
Mark R. Hake, CFA

Airbnb is Still Undervalued Here Despite a Recent Drop - Good for Short Sellers of OTM Puts

Airbnb, Inc. (ABNB) stock still looks cheap here, despite dropping over 7% along with the market in the last month. Based on its strong FCF it could be worth well over $200 per share. That is good for short-sellers of OTM puts.

On March 18 ABNB stock was at $168.18 and today it's at $156.13, a $12.05 or 7.1% tumble. However, based on the stock's strong free cash flow (FCF) generation, it could be worth well over $200 per share.

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