Shares of Consumer Cyclical sector company Airbnb moved -9.0% today, and are now trading at a price of $99.2. The large-cap stock's daily volume was 9,660,466 compared to its average volume of 5,826,737. The S&P 500 index returned a -0.4% performance.
Airbnb, Inc., together with its subsidiaries, operates a platform that enables hosts to offer stays and experiences to guests worldwide. The company is based in San Francisco and has 6,132 full time employees. Its market capitalization is $63,438,299,136.
31 analysts are following Airbnb and have set target prices ranging from $100 to $197 per share. On average, they have given the company a rating of buy. At today's prices, ABNB is trading -28.68% away from its average analyst target price of $139.1 per share.
Over the last year, ABNB shares have gone down by -36.9%, which represents a difference of -19.7% when compared to the S&P 500. The stock's 52 week high is $212.58 per share and its 52 week low is $86.71. Although Airbnb's average free cash flow over the last four years has been $524,869,250.0, they have been decreasing at an average rate of -147.4%. For this reason, investors may continue to shun the stock.
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