The Level Jim Cramer Would Buy Airbnb When it Goes Public
How's Airbnb looking ahead of its IPO?
Bloomberg reports that Airbnb is aiming for an IPO valuation range of $30 billion to $33 billion. For comparison, the alternative accommodations leader was valued at just $18 billion in an April funding round -- when fears about COVID’s impact were running especially high -- and at $31 billion in a 2017 funding round.
AIrbnb's shares could price in the range of $44 to $50 a share.
So would Jim Cramer buy it?
Watch the video above for more.
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