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 […]
IPO
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 […]
Liu Qiang, Vice President of Fosun Technology and Financial Group, Deputy Chairman of Hani Securities, speaks with Arjun Kharpal, Senior Correspondent of CNBC, during Day 1 of CNBC East Tech West at LN Garden Hotel Nansha Guangzhou on November 17, 2020 in Nansha, Guangzhou, China. Zhong Zhi | Getty Images […]
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 […]
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 […]
© Provided by The Financial Express Airbnb had in April this year secured a 1 billion dollar loan, days after closing a deal for 1 billion dollar debt. (Bloomberg) Online vacation rental marketplace Airbnb, which had backed Ritesh Agarwal’s online hotel booking company OYO last year, is looking to IPO […]
The initial public offering (IPO) market has been on fire in 2020 with some of the hottest IPOs we’ve seen in a decade. And when you include companies going public through special purpose acquisition companies (SPAC), there are dozens of exciting new businesses to invest in this year. Sifting through the […]
Airbnb plans to make its IPO registration public next week, putting it on course for a New York stock market debut in December even as the COVID-19 pandemic intensifies, two people familiar with the matter said Thursday. The home rental company’s planned debut on the Nasdaq is set to be […]