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Is Airbnb Stock a Buy After the IPO?

IPOs have struggled through most of 2020, due to the global pandemic. April and May saw a 67% decrease in IPO proceeds. Many business owners were hesitant to trust the public markets for a while. Fall 2020 has seen a nice rally in the tech IPO market, however. We had a Palantir IPO and the biggest software IPO of all time in Snowflake Inc. (NASDAQ: SNOW). Snowflake raised more than $3 billion in its IPO. Tech IPOs are getting even more attention today as Airbnb gets ready for its public offering. Read more... Tags: IPOs To get full access to all Money Morning content, click here About Money Morning: Money Morning gives you access to a team of ten market experts with more than 250 years of combined investing experience – for free . Our experts – who have appeared on FOXBusiness, CNBC, NPR, and BloombergTV – deliver daily investing tips and stock picks, provide analysis with actions to take, and answer your biggest market questions. Our goal is to help our millions of e-newsletter subscribers and Moneymorning.com visitors become smarter, more confident investors. Disclaimer: © 2020 Money Morning and Money Map Press. All Rights Reserved. Protected by copyright of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning. 16 W. Madison St. Baltimore, MD, 21201. The post Is Airbnb Stock a Buy After the IPO? appeared first on Money Morning - We Make Investing Profitable .
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