Article 5BFT6 Airbnb soars to near $100bn valuation as shares more than double in IPO

Airbnb soars to near $100bn valuation as shares more than double in IPO

by
Dominic Rushe in New York
from Technology | The Guardian on (#5BFT6)
  • Company trades at over $150 a share from initial $68 price
  • Controversies have failed to dampen investor enthusiasm

Shares in Airbnb more than doubled when the company started trading on the Nasdaq stock exchange on Thursday - a price that valued the short-term rentals company at close to $100bn.

Related: Stealth taxes on Uber and Airbnb won't hurt the masses

Continue reading...
External Content
Source RSS or Atom Feed
Feed Location http://feeds.theguardian.com/theguardian/technology/rss
Feed Title Technology | The Guardian
Feed Link https://www.theguardian.com/us/technology
Feed Copyright Guardian News and Media Limited or its affiliated companies. All rights reserved. 2024
Reply 0 comments