It’s disrupting a huge industry, and it just hit a new all-time low.
Airbnb (ABNB) has transformed the travel industry. Just a decade ago, the home-sharing platform was a little-known fringe concept, but today the idea of renting a stranger’s home has gone mainstream.
Fat margins and little competition are good signs for investors.
Shares of Carvana (NYSE:CVNA) were climbing last month as a series of bullish analyst reports, positive third-party data, and momentum from the recovery pushed the online used car dealer higher.