Airbnb hosts make windfall gains as shares allotted to them double on first trading day
Airbnb hosts make windfall gains as shares allotted to them double on first trading day Photographer: Andrew Harrer/Bloomberg Premium Airbnb Inc hosts who were allowed to invest in the home-sharing firm’s $3.5 billion initial public offering (IPO) more than doubled their money in a few hours on Thursday, a windfall that otherwise would only have been reaped by Wall Street’s elite. Continue reading this story with a subscription to DealStreetAsia. Contact us for corporate subscriptions at subs@dealstreetasia.com. Sign up for our newsletter - The Daily Br...
Source: dealstreetasia.com