Airbnb: IPO craze is entering the next round – Stocks should skyrocket



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Airbnb: IPO craze is entering the next round - Stocks should skyrocket

Even if America’s major indices are held back on both feet, newcomer prices are skyrocketing. The first fee from the US food supplier Doordasch was roughly double the issue price. While Doordash couldn’t bear the doubling until the end of the trade, shares in software provider C3.ai, which was available for $ 42, crossed the finish line on the first trading day with a 120 percent gain. Airbnb, the largest initial public offering of the year so far, tops previous IPOs once again. The demand was so great that the stock was slow to find its way to the US market.

The issue price increased several times!

Thanks to strong demand, Airbnb had raised the issue price again shortly before the IPO. Investors now put $ 68 per share on the table, the company announced. Earlier this week, Airbnb had raised the range from $ 44 to $ 50 to $ 56 to $ 60. The apartment broker thus continues the series of successful IPOs that will make Corona 2020 a record year for IPOs in the US. USA

Course more than double

So far, the first price is yet to come, as the stock is currently not trading. CNBC expects the first fee to be around $ 153. Based on FactSet’s calculations, the first fee around 6pm should have been a little over $ 150.

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By Markus Weingran

Photo: East pop / Shutterstock.com

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