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Burke Wealth Management Sold Airbnb (ABNB) due To Elevated Economic Sensitivity And Reduced Visibility

Burke Wealth Management, an investment management company, released its “Focused Growth Strategy” second-quarter 2025 investor letter. A copy of the letter can be downloaded here. The second quarter was marked by significant volatility. Against this backdrop, the strategy returned +15.9% in the quarter compared to +10.9% for the S&P 500 Index. In addition, please check the fund’s top five holdings to know its best picks in 2025.

In its second-quarter 2025 investor letter, Burke Wealth Management highlighted stocks such as Airbnb, Inc. (NASDAQ:ABNB). Headquartered in San Francisco,...