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by che_shirecat
1199 days ago
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You assume you have a choice in playing. Most of the supply will never consider listing on multiple marketplaces, because its a massive hassle. $ABNB is up 48% YTD bucking the rest of the market, they have strong financials and are massively profitable. The growth-at-all-costs play DID work, and now you have no choice but to bend the knee. Edge cases like this will never materially affect their business. |
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Thats pretty cherry-picked, and I wouldn’t look to stock price to make the conclusions you’ve shared. Lots of growth companies are bouncing back after being oversold last year. As another cherry-pick, it’s also down nearly 50% from its 2021 high.