The highly anticipated Airbnb initial public offering (IPO) is scheduled this week on December 10, Thursday. On the same day, you can begin trading this hot stock with the ticker ABNB.US on SimpleFX!
Airbnb is one of the top providers of home-sharing and rental services around the globe. It’s an online home rental marketplace where property owners or hosts can rent out their place and guests can book these properties via the Airbnb website or mobile app. It has added experience
Closing in on the IPO date, the Wall Street Journal reported that Airbnb will raise its IPO price range from $44–$50 each to $56–$60 per share. This is a 27% increase at the bottom end and a 20% increase at the top range, increasing the company’s stock market valuation to $42 billion. This should be an impressive feat if we look at its $18 billion valuation early this year due to the pandemic. What will happen after Airbnb, an industry leader, goes public for the first time during this chaotic period?
Trade on Airbnb (ABNB.US) stocks and speculate on its price moves. No matter if the shares will rise or fall, go long or short to profit huge!
Originally published at https://bit.ly/33TJCJn