12-10-2020, 07:31 AM
It looks like Airbnb is priced at about $47B or $68/SH. IIRC the estimated valuation was about 20B in the spring when they delayed the IPO. Good move on their part as the market is in the IPO mood now. I am going to place a limit order I doubt will be filled today. I'll be surprised if there is any chance of getting shares under $100. As Otter stated a few days ago 2022 comps are going to be wonderful lol, but they surely have a couple more bad quarters ahead. I think there may be a chance to get some shares reasonable over the winter. IMO you have to be willing to overpay for a good IPO. My limit may be lower than others though.