Reported 2 days ago
The Oakmark Global Fund's Q1 2025 investor letter reflects on Airbnb, Inc. (ABNB), emphasizing its strong network effect and potential for growth in the travel market. Despite recent declines in stock value, the fund highlights the company's ability to enhance services for hosts and guests, positioning it for long-term expansion. While uncertainties persist in the macro travel environment, both the fund and notable investors express optimism about Airbnb's future.
Source: YAHOO