Airbnb stock more than doubles after IPO, making it worth more than larger rival Booking

Posted by & filed under Company Analysis, Growth & Valuation, Industry Analysis, Personal Finance.

Description: In the biggest IPO of the year so far, Airbnb Inc. shares more than doubled in their stock market debut Thursday morning, pushing the company’s valuation to nearly $90 billion.

Source: MarketWatch.com

Date: Dec 10, 2020

Link: https://www.marketwatch.com/story/airbnb-stock-more-than-doubles-after-ipo-making-it-worth-more-than-larger-rival-booking-11607626276?mod=home-page

Questions for discussion:

  • Do you believe the IPO valuation makes sense?
  • What justifies investors’ jumping in at this price?
  • Would you be a buyer today?

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