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Airbnb hits Wall Street with its share price shooting up 140% – Source CNET Tech


Airbnb rings the opening bell for its IPO on Thursday.

Angela Lang/CNET

It’s been a long time coming. Speculation over Airbnb’s initial public offering has been in the works for at least half a decade. On Thursday, the short-term home rental company made its debut on Wall Street with its share price opening at $146 apiece. 

That’s far higher than the $68 price Airbnb set on Wednesday night before trading kicked off. And more than the $44 to $50 per share target range the company initially announced earlier this month. 

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Source CNET Tech

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