Tag Archives: IPOs

The year 2020 has brought new investors to the stock market and also seen the most companies go public since 2014. Here is a look at 10 of the top performing IPOS in 2020. Airbnb: One of the most anticipated IPOs of 2020 was Airbnb Inc (NASDAQ: ABNB). The company, which offers a platform for users to rent homes typically for vacation stays, offered shares at $68. Shares more than doubled in their debut in December. Shares traded as high as $168.25 in their first two weeks of trading and ended… Source link

(Bloomberg) — First it was DoorDash Inc. And now it’s Airbnb Inc. In a 24-hour period, the two startups went public and their valuations skyrocketed, a sign that both companies could have raised a lot more money than they did. Airbnb opened 115% above its initial public offering price, the biggest debut rally on record for a large U.S. listing. Had the shares priced closer to where they started trading — at $146 instead of $68 apiece — Airbnb could have raised $4 billion more for the… Source link