Airbnb raises its IPO pricing range with a new valuation target

A filing with the Securities and Exchange Commission reveals that Airbnb has raised his IPO pricing range to between $56 and $60 per share. The company previously targeted a price between $44 and $50 per share. The higher per-share price could allow Airbnb to raise up to $3 billion when it debuts on the Nasdaq later this week. Q3 2020 hedge fund letters, conferences and more Details on Airbnb’s IPOAirbnb is set to start trading on Thursday using the ticker symbol ABNB. The new price range for Airbnb’s IPO represents a 27% boost on the bottom side and 20% increase on the top side. The home rent…

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HEDGE accordingly