AirB&B IPO
10-11-2020
07:05 AM
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10-11-2020
07:05 AM
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
10-11-2020
07:05 AM
1 Reply 1
10-11-2020
11:20 AM
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10-11-2020
11:20 AM
@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
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.