Airbnb is trying to ride the soaring stock market to a comeback.
The home rental start-up said on Tuesday that it intends to sell …
Airbnb is trying to ride the soaring stock market to a comeback. The home rental start-up said on Tuesday that it intends to sell shares at between $44 and $50 each in its initial public offering, valuing it as high as nearly $35 billion. The company said it plans to raise as much as $2.75 billion from the offering, according to a prospectus filed with the Securities and Exchange Commission. Its three founders also plan to sell stock that may be valued at as much as $95 million.
