Bank of Nova Scotia Reduces $21M in Airbnb, Inc. ($ABNB)
Key Points
- Bank of Nova Scotia changed its Airbnb, Inc. ($ABNB) stake by 11.5% last quarter, cutting to 1,216,719 shares worth $159.23 million.
- Wall Street's consensus rating on $ABNB is Buy and an average price target of $156.47.
- $ABNB last traded around $130.87.
Bank of Nova Scotia reduced its position in Airbnb, Inc. ($ABNB) by 11.5% during the most recent quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,216,719 shares of Airbnb, Inc. after selling 157,987 shares during the quarter. Bank of Nova Scotia's holdings in Airbnb, Inc. were worth $159.23 million as of its most recent filing.
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About Airbnb, Inc.
Airbnb, Inc., together with its subsidiaries, operates a platform for stays, experiences, and services worldwide. The company's marketplace connects hosts and guests online or through mobile devices to book spaces, experiences, and services. It also offers gift cards. The company was formerly known as AirBed & Breakfast, Inc. and changed its name to Airbnb, Inc. in November 2010. Airbnb, Inc. was founded in 2007 and is headquartered in San Francisco, California.
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