
- Airbnb < ABNB> stock is likely to revisit $200 sometime in the near future.
- An imminent event could provide a defining moment for the shareholders.
- Investors should be cautious and patient as Airbnb needs to move toward profitability, not away from it.
San Francisco-based home-sharing network Airbnb < NASDAQ:ABNB> claims to offer the future of travel. Yet, we can't predict the future and it's wise to wait just a week or two before purchasing ABNB stock.