Home / Market Update / Global Stock Market / Airbnb Files for IPO on NYSE

Airbnb Files for IPO on NYSE

Airbnb, the short-term home and room rental company, has confidentially filed on Wednesday for an initial public offering (IPO), Reuters reported.

A recent report by the Wall Street Journal suggested that the company could go public on the New York Stock Exchange (NYSE) as early as before the end of the year.

The company is valued between $18 and 26 billion.

Check Also

Gold Jumps Above $4,100 After Weak US Jobs Report Fuels Fed Rate Cut Hopes

The disappointing US payrolls data sends the dollar lower and boosts safe-haven demand. Gold rallied …