AirB&B IPO

Max1680
Level 2
Atwater, CA

AirB&B IPO

Howdy,

I was wondering what date AirB&B will be going public. You better believe I’ll be investing in stock.

I would buy stock directly from AirB&B with my AirB&B earnings if possible. 
If anybody has any information or comments  I’d love to hear what you think.

-Max 

1 Reply 1
Sharon1014
Level 10
Sellicks Beach, Australia

 

@Max1680   There won't be any share offer directly to hosts.  AIRB (the NASDAQ ticker/symbol when it launches) is expected late November to mid December.  FYI the company is hoping to raise $3b in the IPO and has high interest debt of $2b to pay off immediately  The company also has employee stock options to honour.  If you want to purchase stock, you will need to do so through a broker.  The company also has a pending class action lawsuit from hosts which you can read about here 

https://community.withairbnb.com/t5/Hosting/Host-initiates-class-action-lawsuit-over-COVID-19-cancel...

Just my 2c but I think there is a high probability that many of the larger investors will cash out after launch (leaving small investors to carry any losses).  The company did a 2:1 stock split recently to make the IPO share price more attractive to mom n pop investors (presumably so there would be a bigger pool of money to soak up the offering).   Exercise some caution and do your own due diligence.