From Upstart To Establishment - How Airbnb's 51% Bullish Surge This Year Paves The Way For Its Inclusion In The S&P 500 Index
Airbnb's upcoming inclusion in the S&P 500 Index is a monumental achievement for the company.
The announcement of Airbnb's addition to the S&P 500 led to an immediate 6% increase in its stock price the following day.
Although Airbnb's stock is currently trading $5 below its IPO price, it has seen a remarkable 62% year-to-date increase.