Short-term rental platform Airbnb, officially released it’s prospectus on Monday detailing the companies profits and losses. Airbnb plans to go public and trade on the Nasdaq exchange under the symbol “ABNB”. 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 market for short-term rentals.
Originally Aired: xx/xx/20
#Travel #AirbnbIPO #TechStocks
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