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startups travel

Airbnb’s Common Stock Price Rises 10%

By
Cory Weinberg
· · Source: The Information

The fair value of Airbnb’s common stock rose 10% last quarter to $69.76 a share, Airbnb’s chief financial officer told shareholders Friday. That roughly equates a $20 billion valuation. Airbnb’s common stock value is now about 20% higher than its nadir in the spring, but it still at about half its peak last year, when it was valued at about $38 billion. Employee turnover at the company has...

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