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Barchart
Sohini Mondal

Airbnb Stock: Is ABNB Underperforming the Consumer Cyclical Sector?

With a market cap of $71.9 billion, Airbnb, Inc. (ABNB) operates a global platform that allows hosts to offer stays and unique experiences to guests. Its marketplace connects people through web and mobile apps, making it easy to book accommodations and activities. 

Companies valued over $10 billion are generally described as “large-cap” stocks, and Airbnb fits right into that category. The company also provides gift cards for use on its platform.

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