Jennison Associates Adds $411M in Airbnb, Inc. ($ABNB)
Key Points
- Jennison Associates changed its Airbnb, Inc. ($ABNB) stake by 9331.0% last quarter, boosting to 3,172,959 shares worth $415.25 million.
- Wall Street's consensus rating on $ABNB is Buy and an average price target of $156.47.
- $ABNB last traded around $130.87.
Jennison Associates increased its position in Airbnb, Inc. ($ABNB) by 9331.0% during the most recent quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 3,172,959 shares of Airbnb, Inc. after buying 3,139,315 shares during the quarter. Jennison Associates's holdings in Airbnb, Inc. were worth $415.25 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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