Airbnb to be bigger than eBay after its long-awaited IPO

Airbnb to be bigger than eBay after its long-awaited IPO


Airbnb will list its stock on the NASDAQ this Thursday, and analysts reckon the company will price its shares between $56 and $60 a piece. If that’s true, Airbnb would boast a market value of $42 billion — a little less than active wear darling Lululemon but $6 billion more than eBay. The Wall Street Journal noted that figure includes the $3.3 billion the company is likely to raise tomorrow. Investors have been waiting for Airbnb‘s IPO years, and traders are likely watching on-demand delivery startup DoorDash’s Wednesday listing closely as a barometer for what’s in store. DoorDash, which is also…

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