AIRBNB STOCK UP BY 23% IN 2021, TRADING AT MORE THAN TWO TIMES ITS IPO PRICE
AIRBNB STOCK UP BY 23% IN 2021, TRADING AT MORE THAN TWO TIMES ITS IPO PRICE - Since the company’s IPO in December 2020, Airbnb’s share price has rallied remarkably. It is trading at $177.90 per share as of March 4, 2021, marking a 22.77% increase year-to-date (YTD). The figure was more than 2.5 times its IPO price of $68 per share. Based on data from Tourism Economics, travel spending in the US declined by 42% in 2020 to $679 billion. Though it has bounced back to some extent, it remains below pre-pandemic levels. Airbnb Bookings Recovered …
LVMH MARKET CAP SOARS SOARS TO €265 BILLION, HIGHEST VALUED COMPANY ON EUROPE STOCK MARKET
Photo by Anne R from Pexels LVMH MARKET CAP SOARS SOARS TO €265 BILLION, HIGHEST VALUED COMPANY ON EUROPE STOCK MARKET - Luxury conglomerate LVMH is among the key beneficiaries of investor optimism. According to the research data analyzed and published by Finaria , luxury conglomerate LVMH’s market capitalization stood at €264.55 billion as of February 26, 2021. That made it the highest valued company on the European stock market, overtaking Nestle which had CHF 267.57 billion (€242 billion). Based on a HH Journal report, LVHM’s sha…
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