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).
MFSA concludes review of Crypto-Asset Service Providers following MiCA implementation
The Authority provided clear expectations and guidance to address certain concerns.
EU secures delay in detrimental 50% tariff after talk with Trump, European stock markets set to rebound
If an agreement isn’t reached by the new deadline, the increase would dramatically raise Washington’s current tariff baseline levy
Trump recommends 50% tariffs on EU over stalled trade talks
The US president lashed out at the European Union on Truth Social, accusing the EU of exploiting American trade