Jim Cramer: New Guard Investors Like Airbnb 'Very Much'

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Airbnb has boosted its price target for its IPO later this week.

The company said in an amended Securities and Exchange Commission filing that it will price its listing on the Nasdaq at between $56.00 and $60.00 per share, which is up $10 from the higher end of its previous estimate. The group will sell 51.6 million shares, up from its prior plan of around 51.9 million, and raise around $3.1 billion.

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