Airbnb priced way aboved expected price


Airbnb was priced way above expected price yesterday as demand was huge. They were able to priced their shares at $68 instead of expected $56-$58 which was already higher than expcted few weeks ago. This brough value of company to $47 billion instead of first expected $30 billions and they raised 3,7 billion in cash which they will be able to use for further expansion. Good news for todays first day of trading is that yesterdays first day of trading of DoorDash saw their shares soaring 86% which could be repeated as demand for new stocks is big. (Farrel, Wall Street Journal)

1 view0 comments

Recent Posts

See All
  • Facebook
  • Twitter
  • LinkedIn
  • Instagram
  • YouTube

Risk Warning:
Past performance of an investment is no guide to its performance in the future. Investments, or income from them, can go down as well as up. You may not necessarily get back the amount you invested. All opinions, news, analysis, prices or other information contained in our communication and on our website, are provided as general market commentary and do not constitute investment advice, nor a solicitation or recommendation to buy or sell any financial instruments or other financial products or services.

© 2021 Trade Forum Philippines. All rights reserved.