In December, Airbnb’s blockbuster IPO launched, with share prices opening at $144.71 (€117.87), 115 per cent higher than the most recent price target, and 192 per cent higher than the initial pricing range.
Subsequently, share prices reached a high of $163.19 (€132.92), before beginning to decline in the wake of alarm surrounding the new, more infectious strain of COVID-19 that ostensibly originated in the UK.
Since then, Airbnb, which in 2019 was reported to host over 8,760 properties in Malta and Gozo, has seen share prices consistently decline, falling 10.04 per cent from 22nd to 31st December, and a further 5.21 per cent on Monday, to $139.15 (€113.34).
Malta’s inflation edges up to 2.7% in October as food and services lead price pressures
The October RPI reading indicates some re-acceleration in consumer-facing sectors after a period of summer stabilisation
Debunking the gender pay gap in the EU
Around 24 per cent of the gender pay gap is due to over-representation of women in relatively low-paid sectors
EU to tax small parcels from China in new crackdown
The decision to remove the exemption on small parcels is part of a broader overhaul of EU customs rules