Now, following a remarkable comeback, the home-sharing company is set to make its long-awaited Wall Street debut just as the pandemic worsens and once again throws the state of the travel industry into question. Airbnb is poised to begin trading on the Nasdaq on Thursday under the stock ticker “ABNB.” […]
Airbnb
Airbnb is set to make its debut into the market with an Initial Public Offering (IPO) floating at a price of $68 per share. Due to launch on the Nasdaq at market open on December 10, the short-term rental and booking platform upped the price of its IPO shares a […]
Airbnb will ring the opening bell for its IPO on Thursday. Angela Lang/CNET It’s been a long time coming. Speculation over Airbnb’s initial public offering has been in the works for at least half a decade. Now the short-term home rental company plans to make its debut on Wall Street […]
Airbnb Inc. pulled off one of the largest initial public offerings of 2020 despite a pandemic that laid waste to much of the travel industry. The lodging-booking platform priced its initial public offering at $68 a share Wednesday, the Wall Street Journal reported, well above its most recent target range […]
Airbnb and DoorDash make their stock market debut this week as part of a “unicorn parade” capping a busy year for hot startups going public. The startups known as unicorns — valued in the billions — are poised to take advantage of a market hungry for young businesses promising fast […]
Airbnb has the biggest, cheapest, and perhaps quirkiest rooms to sleep in around the world (REUTERS) Airbnb’s stock market flotation was today priced even higher than its already-stratospheric guidance led us to believe. When it comes to market on Wednesday, the lettings platform will be valued at up to $42 […]
Airbnb is expected to boost the price range of its initial public offering as the online home-rental platform looks to take advantage of what has been a hot IPO market this year – even as the coronavirus has slammed global business and leisure travel. Citing people familiar with the matter, […]
CLOSE Airbnb. (Photo: AFP/Getty Images) Airbnb has enacted stricter booking policies in Arizona and across the U.S. in an attempt to tamp down on New Year’s Eve parties and gatherings due the recent spike in COVID-19 cases. Beginning Dec. 3, users “without a history of positive reviews” on the platform will no […]
Airbnb (ABNB) intends to raise $2.44 billion from the sale of its Class A stock in an IPO, according to an amended registration statement. San Francisco, California-based Airbnb was founded to develop a two-sided marketplace between property hosts and consumer guests to provide lodging and related services on a temporary […]
Amazing escapes Staying in a beautifully restored historic home or a state-of-the-art penthouse used to be the preserve of the super-rich or well connected. But Airbnb, the peer-to-peer online vacation rental site, has unlocked the doors to some spectacular properties across America. Here’s our pick of the best Airbnbs in […]
TipRanks Goldman Sachs: These 3 Stocks Could Spike Over 40% Expectations of good news on the near horizon are buoying markets right now. Over the past month, both the S&P 500 and the NASDAQ are up 11% to new record highs.Investors are excited at the prospect of a COVID vaccine […]
Airbnb and Expedia Group will help the city crack down on illegal short-term vacation rentals under an agreement Mayor Kirk Caldwell and the two online platform giants announced Tuesday. The agreement is expected to make it easier for the city to track and regulate vacation rentals and ensure operators are […]
In this episode of Industry Focus: Tech, Dylan Lewis chats with Motley Fool contributor Jason Hall about a business whose name defines the online vacation rental marketplace — Airbnb. They talk about the company’s financials, which it recently reported in preparation of going public. They talk about the vacation rental […]
Airbnb is preparing to release its highly anticipated shares to the public markets before the year is up. The enterprise stumbled through the COVID-crisis, but it is preparing to soar in the rapidly digitalizing new normal. If I am able to purchase ABNB (its anticipated ticker) at the $30 billion target […]
Airbnb Inc. had to put its plans for an initial public offering on hold in the spring because of COVID-19, but after a bounceback from customers tired of sheltering in the same place for months, it is aiming to potentially raise $1 billion in an IPO by the end of […]
Airbnb is hoping to capitalize on the growing popularity of home rentals during the coronavirus pandemic with its $3 billion initial public offering, but the sun may be setting soon. A key question is whether travelers will continue to book short-term home rentals or return to hotels as the health […]
The previous year brought us some big news in the world of initial public offerings, like Uber Technologies Inc (NYSE: UBER), LYFT Inc (NASDAQ: LYFT), and Beyond Meat Inc (NASDAQ: BYND). Even though 2020 is drastically different than any other year in modern history due to a global pandemic, it is also a year in […]
The company filed its long-awaited IPO paperwork Monday, revealing that it turned a profit of $219 million in the third quarter of this year, on $1.34 billion in revenue. By comparison, it made $227 million in profit during the same quarter last year on $1.65 billion in revenue. The third […]
Airbnb CEO Brian Chesky at a company event in 2018. James Martin Airbnb filed paperwork for its initial public offering on Monday. The short-term rental company’s filing with the US Securities and Exchange Commission shows that, unlike other tech unicorns, it’s been profitable in several quarters over the last couple of […]
Every S1, the stock market prospectus that American companies use to go public, is required to give mountains of numbers and disclosures that uncover the company’s financial and legal state. But really, what it tries to do is tell a story. In March, Airbnb’s S1 was mostly written. Put together […]
John Choi, opinion contributor Published 6:01 a.m. MT Nov. 12, 2020 CLOSE Opinion: Large parties at vacation rentals can compromise public health. Here’s what Airbnb is doing to stop them. A new report from Airbnb said guests traveling to Tempe paid $53 a night on average while attending football games at Arizona State […]
In today’s travel markets there are more choices for lodging than ever before. In addition to hotels, motels, bed and breakfasts, inns and rentals, an increasingly popular option is Airbnb. This online service serves as a broker to connect long- and short-term travelers with hosts. Airbnb was launched in 2008 […]