The SoftBank-backed residential brokerage firm cut it its IPO price range from $23-$26 to $18-$19 ahead of its public debut tomorrow, SEC filings show.
Coinbase is set to go public soon, but New Constructs' David Trainer says investors should avoid the stock if the valuation is anywhere close to what's currently indicated.
Airbnb is set to make its public-market debut this week, aiming for a valuation of between $US26.4 billion and $US29.8 billion. It is a reasonably valued IPO, according to David Trainer, New Constructs founder and CEO. “ Unlike other recent IPOs, and several stocks where valuations are sky-high, Airbnb has […]