Posted in: Tattle, Technology

Airbnb soars to near $100bn valuation as shares more than double in IPO

  • Company trades at over $150 a share from initial $68 price
  • Controversies have failed to dampen investor enthusiasm

Shares in Airbnb more than doubled when the company started trading on the Nasdaq stock exchange on Thursday – a price that valued the short-term rentals company at close to $100bn.

Related: Stealth taxes on Uber and Airbnb won’t hurt the masses

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