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News and Trends

Airbnb Prices IPO at $68 Per Share, Will Raise $3.5 Billion

The offering is expected to give the company a valuation of $47.3 billion. Airbnb will trade on the Nasdaq exchange under the ticker symbol "ABNB."
market

NY Stock Market Soars Because Pfizer Says Its COVID-19 Vaccine Shows 90% Efficacy

While cyclical stocks in the airline, restaurant, and finance sectors skyrocketed, popular work-from-home names like Zoom, Peloton and Netflix plummeted.