52-Week Low Alert: Why the Airbnb Sell-Off Is a Buying Opportunity

By Jason Hall and Jeff Santoro – Dec 23, 2022 at 5:08AM

NASDAQ: ABNB

Airbnb

Market Cap

$105B

Today's Change

(0.75%) $1.22

Current Price

$164.23

Price as of April 26, 2024, 4:00 p.m. ET

The market has worries about what could be a less-than-stellar 2023, and it's ignoring this cash-cow grower's long-term prospects.

Shares of Airbnb (ABNB 0.75%) are not just down sharply from their all-time high, they're also well below the debut price from their IPO. In this video, Motley Fool contributor Jeff Santoro explains to Jason Hall why this looks like a rare opportunity to buy a cash-cow business at a reasonable price.

*Stock prices used were from the afternoon of Dec. 7, 2022. The video was published on Dec. 27, 2022.

Jason Hall has positions in Airbnb. Jeff Santoro has positions in Airbnb. The Motley Fool has positions in and recommends Airbnb. The Motley Fool has a disclosure policy. Jason Hall is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.