Airbnb stock falls following article

[John Underwood]

Airbnb just now realizing this?

https://finance.yahoo.com/news/airbnb-stock-falls-after-short-report-says-hosts-directly-compete-with-platform-173546532.html?guccounter=1&guce_referrer=aHR0cDovL20uZmFjZWJvb2suY29tLw&guce_referrer_sig=AQAAABnjTKodHUgpnows83qBx1kqDwOCv_q59Bfr-tqVeYe94oO4NMQ2mpV_XsA1sMO4-aL7vr07e9xoHW0v3hzfbSajf3qA-ZJ6vfjtgUf9YSaF55qA-52wrIDd1NMGfNYF_VbKQhwFzXe7ZstaCqDmRunnw48-LnAVhsGn-a9XExX-

[Ryan Moyer]

Not to be intentionally snarky, but I always laugh when people try and make conclusions based on Airbnb's stock on this forum.

If anyone has been paying attention to the stock market the last 3 years, you'd know that a 4.5% daily move on a tech growth stock isn't even a sneeze in the current market.  We're in a market where trillion dollar companies sometimes move 20% in a day and 50% in a week, and there are a dozen "short reports" every day that traders latch onto and trade the short term volatility.  A 4.5% move on a 40 P/E growth stock that had run up 40% in the preceeding 3 months is barely a footnote these days.

Everyone just has such a desire to see failure out of the hand that feeds them they'll rush to the keyboard to make a mountain out of less than a mole hill.  We get it.  If you go to a host group everyone says that Airbnb overwhelmingly favors guests at the expensive of hosts.  If you go to a guest group everyone says Airbnb overwhelmingly favors hosts at the expense of guests.  No one has any objectivity, and rushes to draw ridiculous conclusions to try and make their point about how any small move in the stock must be because Airbnb personally wronged them, even as the stock remains extremely healthy (way too healthy, honestly) overall.