EXPE, ABNB: “Pent-Up” Travel Demand Is Exhausted

Barclays downgraded online travel stocks Expedia (EXPE) and Airbnb (ABNB). The analyst notes that they see online travel growth slowing as “pent-up” travel demand is exhausted. The analyst highlights that they are more cautious on travel going into 2024. Kevin Green discusses this story. Tune in to find out more about the stock market today.

Trading 360

12 Dec 2023

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