Airbnb shares more than double in market debut

Shares of Airbnb more than doubled in first day of trading, when they closed 112% above ipo price. This show that there is huge demand for new firms and Airbnb is the best one of them. One of the reason is that they are really cost effective and their business model is really robust, unlike hotel business. So investrors can expect big earnings after things get back to normal, also with smaller competition. (Rana, Wall Street Journal)

3 views0 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.