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Airbnb Goes Public

Airbnb, the American-based rental company, announced that after delivering a draft to the Exchange Commission it has filed to go public. The company, once valued at $31 billion, is going through a crucial era with many cancelled travels. Following a revival in travel booking stocks Expedia and Booking Holdings, Expedia has gone 118% off March lows and Booking has flinched 60% after their damage in the first half of the year due to the pandemic. Recent data shows that the two will hopefully witness a hike in the number of travelers. According to the Transportation Security Administration, the number of air passengers, through the checkpoints, has dropped 74% in July compared to the year before. Samira H.
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By Samira Hassanzadeh on October 19, 2021

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