PALO ALTO, U.S. -- Shares of Airbnb soared in its blockbuster market debut Thursday on Nasdaq to close at $145 per share on its first day of trading, more than double the $68 price the company set for its initial public offering.
"In April, we raised money, and it was a debt financing. That price would have priced us around 30 bucks," a taken-aback Airbnb co-founder and CEO Brian Chesky told Bloomberg Television in the morning when indications showed a possible opening price of $139. "So I -- I don't know what else to say."
