Published On Nov 18, 2020
Short-term rental platform Airbnb, officially released it's S-1 on Monday detailing the companies profits and losses. Airbnb plans to go public and trade on the Nasdaq exchange under the symbol βABNBβ. Alex looks over Airbnb's S-1 document and turns up a few details that could be reason to pause before jumping fully on board as an investor. Some red flags noted include extreme spending increases on product development and sales & marketing, and the currently down short-term rentals market.
Originally Aired: 11/17/20
#Travel #AirbnbIPO #TechStocks
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