Long $ABNBThe yellow arrow and red volume bar represents the expiry date of the 'lock up' of shares of insiders. All those VCs, insiders, and early-day employees who didn't want to hold ABNB shares are gone. This is one reason for it's well-defined risk level.
Now, ABNB is poised to take advantage of the reopening. Air BNB has "signed agreements with more than 100 countries, cities, and municipalities"..."governments are reaching out because they want support from us,” he says. “They are seeing massive shortfalls in tourism,” which, he adds, is “wind to our back.”
www.seattletimes.com
