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Airbnb soars to near $100B valuation as shares more than double in IPO

Airbnb soars to near $100B valuation as shares more than double in IPO

In what was the listing of one of the most anticipated IPO’s of the year, Airbnb shares more than doubled on the first day of trading Thursday. The stock closed the day at $144.70 against an issue price of $68 a share, driving valuations past the $100B mark. A day earlier, food delivery company DoorDash made its stock market debut that saw its shares soar 85%.

Nomad
Nomad
Idiot Prole
Idiot Prole 2 months

Maybe, when they have shareholders to consider, they will not cancel bookings based on people having the wrong politics. Especially as those dirty capitalist pigs are paying millions for their company.

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