Posted on

Airbnb shares set to double in IPO — likely to be worth nearly $93 billion



Share

The NASDAQ market site displays an AirBnb sign on their billboard on the day of their IPO in Times Square in the Manhattan borough of New York City, New York, U.S., December 10, 2020.Carlo Allegri | ReutersAirbnb is set to double its share price in its IPO debut Thursday in the latest in a wave of hotly anticipated tech IPOs during a year that has been tumultuous due to the pandemic.Shares were priced at $68 on Wednesday and are now expected to reach about $155.50 when the stock starts trading, according to early indications ahead of the first trade. That would value …

Read More