Q: So I've started to travel solo more (thank you divorce) and I've booked 2 different Airbnb at 2 different cities (Montreal, and Nashville). Both were excellently operated remotely and great value by a company named Sonder.
They appear to want to be a premier 5 star Airbnb chain. I saw the hotel run by them in Nashville and booked immediately- so they already have my consumer loyalty.
I looked them up and they're trading on the NASDAQ but at massive lows.
No one here has asked a question about this company, but it looks like a hold at $3 a share (from a high of $200...)
I am not an analyst- what are your thoughts on this company, future estimates for growth. I am guessing they are a victim of high finance rates hitting their profit margins - but then again,, who isn't.
Regards,
Jeff
They appear to want to be a premier 5 star Airbnb chain. I saw the hotel run by them in Nashville and booked immediately- so they already have my consumer loyalty.
I looked them up and they're trading on the NASDAQ but at massive lows.
No one here has asked a question about this company, but it looks like a hold at $3 a share (from a high of $200...)
I am not an analyst- what are your thoughts on this company, future estimates for growth. I am guessing they are a victim of high finance rates hitting their profit margins - but then again,, who isn't.
Regards,
Jeff