Open Demo Account
Home / Market Update / Global Stock Market / Airbnb to Double Share Price in IPO

Airbnb to Double Share Price in IPO

M. Ali 10 December, 2020 10:27 pm Global Stock Market, Market Update

Airbnb is expected to double its share price in its initial public offering (IPO) debut on Thursday, CNBC reported.

Shares, priced at $68 on Wednesday, are now forecast to go as high as $155.5 when the stock starts trading on the New York Stock Exchange (NYSE).

This will raise the company’s market value to about $93 billion.

The newly-listed stock will be included in the Nasdaq Composite index.

Tags

Check Also

Could USDT Removal Impact EU Amid Crypto Boom Promised By Trump?

The European Union’s Markets in Crypto-Assets (MiCA) regulation, designed to enhance transparency and combat financial …

This site contains information and opinions for the purpose of providing only general information and can not be relied upon. The information and opinions contained in this Site shall in no way constitute an offer or solicitation to buy, sell or subscribe to any investment product. Users of this site shall bear any risks arising from the use of any information, opinion, program, service or material. Noor Trends reserves the right to make any change to the Site, the information, opinions, materials, products, programs, services or prices (if any) at any time without notice.
All copyrights reserved Noor Trends