Dec 6 (Reuters) - Airbnb Inc ABNB.O has plans to raise the target price range for its initial public offering (IPO) to between $56 and $60 per share, underscoring demand for new U.S. stocks, a person familiar with the matter said on Sunday.
The U.S. home rental firm had on Tuesday set a price range for its IPO to sell shares at $44 and $50 apiece.
Airbnb could communicate the upwardly revised price range to investors in a public filing on Monday, the source added, requesting anonymity as the plans are private.
At the upper end of the new range, Airbnb would sell $3.1 billion in stock and have a fully diluted valuation, which includes securities such as options and restricted stock units, of $41.8 billion.
This is well above the $18 billion Airbnb was worth in an April private fundraising round in the early weeks of the COVID-19 pandemic in the United States, and above the $31 billion in its last pre-COVID-19 fundraising in 2017.
Airbnb's stock market debut, slated for Dec. 10 on Nasdaq, will be one of the largest and most anticipated U.S. IPOs of 2020, which has already been a bumper year for flotations.
<source:https://www.nasdaq.com/articles/airbnb-plans-to-raise-price-target-range-for-ipo-source-2020-12-06>
Despite Corona 19, sharing companies have been on a roll. Airbnb also succeeded in turning into a surplus.
Companies with platforms have more power than you think.
코로나 19에도 불구하고 공유업체들은 승승장구하고 있다. 에어비앤비 또한 흑자 전환에 성공했다.
플랫폼을 가진 기업은 생각보다 막강한 힘을 가지고 있다.
