As part of our annual year-end coverage each year, WSJ Pro asks members of the private-equity community to share their thoughts on the past year and reflect on challenges and opportunities they see in 2021. Alok Singh is the co-founder and chief executive of Bridge Growth Partners, a New York-based […]
IPO
Days after Wish parent ContextLogic Inc. WISH, -5.20% began trading, Poshmark Inc. POSH, , an online marketplace that sells clothing, accessories, beauty products and items for the home, has filed to go public. The company plans to trade on the Nasdaq under the symbol “POSH.” Underwriters include Morgan Stanley, Goldman […]
In an article published on Dec. 7, I named Airbnb (NASDAQ:ABNB) as my top initial public offering (IPO) stock to buy in December. It has been years since an IPO intrigued me so much, and I took the rare step of selling other stocks in my portfolio in order to […]
Share Tweet Share Share Share Email Upstart, which works to partner banks with customers looking for loans, saw its shares surge 30 percent upon its public debut Wednesday (Dec. 16), according to a report from MarketWatch. The first trade went for $26 on the Nasdaq, which was at the lower […]
Airbnb (NASDAQ:) went public last week and its debut proved to be a resounding success. Shares of the San Francisco-based vacation rental platform opened at $146, skyrocketing from the IPO price of $68, giving the firm a $100-billion valuation. Clearly, this isn’t an ordinary performance for the middle of a […]
Watching the flurry around Airbnb‘s (NASDAQ: ABNB) IPO this week has been extremely entertaining, but that’s because I’m keeping a safe distance from the action. For many investors, the fact that the stock doubled its first day of trading is reason enough to take a backward step. But beyond that, […]
TipRanks 3 “Strong Buy” Stocks That Could Reach New Highs The markets have been on a tear of late despite the headwinds presented by the novel coronavirus pandemic. The question is how long this will last?Writing from Goldman Sachs, the firm’s chief US equity strategist David Kostin says that the […]
Airbnb proved its resilience in a year that has upended global travel. Now it needs to prove to investors that it sees more growth ahead. The San Francisco-based home sharing company makes its long-awaited debut on the public market Thursday. The company priced its shares at $68 apiece late Wednesday, […]
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 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 […]
The IPO market is back in the public equity limelight this week, with two listings expected to net over $6 billion from newly debuted shares. Analysts are estimating that DoorDash and Airbnb will be valued at $36B and $42B, respectively. This puts each on track for being some of 2020’s […]
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 […]
The Dow Jones Industrial Average (DJINDICES:^DJI) had slipped 0.44% by 11 a.m. EST Monday as all eyes turned to the U.S. Congress and its ability to pass stimulus legislation as the COVID-19 pandemic worsens. A $908 billion bill is in the works from a group of bipartisan lawmakers, but disagreements […]
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, […]
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 […]
The IPO market is scalding hot as this unprecedented year comes to an end, and investors are thirsty for high-risk, high-return equities. The Renaissance IPO ETF (IPO) has more than tripled since its pandemic bottom, and the recent vaccine announcements adds to the market’s already abundant optimism. It feels like […]
Millennials are driving a change in the traditional idea of paying by credit, and soon investors will have a way to play that trend on the U.S. markets. Financial technology company Affirm Holdings Inc. AFRM, , which allows consumers to split purchases into installments, has filed for an initial public […]
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 […]
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 […]