The Limited Times

Now you can see non-English news...

Wall Street introductions come back with fanfare

2020-12-30T19:10:51.417Z


Investor appetite for tech nuggets has been fueled by the pandemic and seems insatiable. Businesses have jostled at the gates of the New York Stock Exchange. In December, Airbnb raised $ 3.7 billion. The rental housing platform was valued at $ 47 billion when it was listed on the Nasdaq, making it the largest of the year. It made a sensational entry on the stock market. Within hours, its value more than doubled to over $ 100 billion. Shortly after, the DoorDash food delivery man, whos


Businesses have jostled at the gates of the New York Stock Exchange.

In December, Airbnb raised $ 3.7 billion.

The rental housing platform was valued at $ 47 billion when it was listed on the Nasdaq, making it the largest of the year.

It made a sensational entry on the stock market.

Within hours, its value more than doubled to over $ 100 billion.

Shortly after, the DoorDash food delivery man, whose activity benefited from the pandemic, panicked Wall Street: the title soared 86% at the end of its first trading session.

Its value has thus increased from 32 to 60 billion dollars.

In June, during a private round table, the company was valued at 16 billion.

Read also:

Tesla stumbles for entry into Standard & Poor's 500

Investor appetite for tech nuggets has been fueled by the pandemic and seems insatiable.

Big data specialist Palantir and cloud data storage company Snowflake hit the nail on the head when they joined

This article is for subscribers only.

You have 59% left to discover.

Subscribe: 1 € the first month

Can be canceled at any time

I ENJOY IT

Already subscribed?

Log in

Source: lefigaro

All business articles on 2020-12-30

You may like

Trends 24h

Latest

© Communities 2019 - Privacy

The information on this site is from external sources that are not under our control.
The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.