Is Wyndham Hotels & Resorts (WH) Stock a Buy For 2021?
Clark Street Value sold its position in Wyndham Hotels & Resorts Inc. (NYSE:WH) stock. Clark Street Value is an individual investor that is focused on finding value and special situation investments. Wyndham Hotels & Resorts Inc. (NYSE:WH) is a hotel company. In the last one year, Wyndham Hotels & Resorts Inc. (NYSE:WH) stock lost 2.2% and on January 5th it had a closing price of $59.15.
Clark Street Value said Wyndham Hotels & Resorts Inc. (NYSE:WH) is a midscale hotel which has emerged stronger than the upscale business or destination focused hotels. Wyndham is trading at a fairly full 12x 2019 EBITDA. Clark Street Value added, “I like the business, but feels like its been bid up as a reopening play alongside MAR/HLT when it shouldn’t necessarily as its business model is significantly different enough.”
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Airbnb, Inc. (NASDAQ: ABNB) is set to deliver some huge gains for IPO investors on Thursday. After pricing its IPO shares at $68 on Wednesday, the stock opened for trading at $146.
The Numbers: That $146 price range values Airbnb at around $100 billion, up from an $18-billion valuation during its last private fundraising round in April.
That large jump, coupled with the surprisingly high opening valuation for
DoorDash Inc (NYSE: DASH) during its market debut on Wednesday, is raising some eyebrows among investors and analysts.
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