Using regressions and machine studying instruments, we demonstrate that corporations with low valuations, limited leverage, and high investments have been extra immune to the pandemic-induced crash. We also find a useful effect of stringent containment and closure policies. Finally, our results point out that nations with less individualism could also be higher positioned to cope with the pandemic. Our findings have implications for regulatory our bodies, managers, and investors concerning future pandemic outbreaks. Airbnb’s agility has allowed it to weather the early days of the pandemic.

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