AirBNB's IPO is an overpriced monstrocity that I wouldn't buy if you paid me
AirBNB's IPO is an overpriced monstrocity that I wouldn't buy if you paid me

AirBNB's IPO is an overpriced monstrocity that I wouldn't buy if you paid me

Yeng Constantino

24 min
Business & Finance
Play

Description

<p>AirBNB had an ipo in which its stock price shot through the roof, rising over 100% in the first day. &nbsp;Most of the rise in the value of AirBNB stock is driven by uninformed investors who buy stock as if they are buying designer luxury clothes. &nbsp;&nbsp;Overpaying for AirBNB stock only makes sense if you truly believe there is another sucker who will buy the stock at a higher price. &nbsp;&nbsp;This will all fine and good until there is a day of reckoning. &nbsp;&nbsp;To learn more about stock market investing, please visit TheBlackStockMarketProgram.com.</p>

Uploader

FaithNorth

FaithNorth

AirBNB's IPO is an overpriced monstrocity that I wouldn't buy if you paid me - Listen Free | WowFM