Airbnb Stock Is Set to Join the S&P 500. What Does That Mean for Investors?

By Neil Rozenbaum – Sep 6, 2023 at 10:00AM

NASDAQ: ABNB

Airbnb

Market Cap

$105B

Today's Change

(-1.40%) -$2.30

Current Price

$161.93

Price as of April 29, 2024, 1:23 p.m. ET

While the inclusion has no material impact on the business, it does have some impact on the stock. Is Airbnb stock a buy now?

Airbnb is set to join the S&P 500 index on Sept. 18. In this video, I will talk about Airbnb (ABNB -1.40%), what the S&P 500 inclusion means for the stock, and what it means for investors.

*Stock prices used were from the trading day of Sept. 5, 2023. The video was published on Sept. 6, 2023.

Neil Rozenbaum has positions in Airbnb. The Motley Fool has positions in and recommends Airbnb. The Motley Fool has a disclosure policy. Neil 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.