If DoorDash DASH -6.71% and Airbnb ABNB 1.12% underdeliver, it will be because its investors expected too much. There is no question retail interest in public offerings has soared this year. In their first day of trading, shares of Airbnb closed more than double where they were priced just one […]
DoorDash
Leisure travel and “order-in” dining are very different markets, but as end to the COVID-19 pandemic appears to be in sight, Airbnb and DoorDash are looking to expand by issuing IPOs. The IPOs for both companies hit the market as the Labor Department announced that a seasonally adjusted figure of […]
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 […]