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Tom Taulli, Author at eSecurityPlanet

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Barrons: DoorDash, Airbnb Lead Big IPO Week—but Peter Thiel's AbCellera Could Be the Winner – MrTopStep.com LLC

Luisa BeltranDec. 8, 2020 6:36 pm ET
Airbnb is pricing its nearly $3 billion offering Wednesday and is scheduled to trade Thursday.LIONEL BONAVENTURE/AFP VIA GETTY IMAGES
DoorDash and Airbnb are headlining a big week for initial public offerings.
Ten traditional IPOs are expected to price their deals this week, raising roughly $8 billion, according to data from Dealogic. This includes Airbnb and DoorDash, which each boosted their offerings ahead of their listings.
The show of strength comes during a highflying time for the IPO market. So far in 2020, 397 IPOs have traded, raising nearly $145 billion as of Dec. 7, according to Dealogic. This is nearly double the 200 new issues that collected $58.8 billion for the same period in 2019, the research firm said. The biggest IPO in 2020 remains Pershing Square Tontine Holdings (ticker: PSTH), a $4 billion special purpose acquisition company headed by Bill Ackman. ....

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