Airbnb

This week, Airbnb, a U.S. technology company with a home rental platform, IPO’d on the NASDAQ under the ticker “ABNB”. Airbnb recently raised its IPO offering price to $68 per share, valuing Airbnb as much as $50 billion. [more]

As economies shutter down due to the Covid-19 virus, companies are experiencing a cash crunch as debt obligations reach maturity, corporations experience a drop in credit ratings, and financing options are limited. [more]