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Airbnb files preliminary paperwork for public stock offering

Airbnb files preliminary paperwork for public stock offering

Technology
Airbnb has filed preliminary paperwork for selling stock on Wall Street, undaunted by a global pandemic that has taken some wind out of its home-sharing businessBy DEE-ANN DURBIN AP Business WriterAugust 19, 2020, 10:12 PM3 min readShare to FacebookShare to TwitterEmail this article Airbnb on Wednesday filed preliminary paperwork for selling stock on Wall Street, undaunted by a global pandemic that has taken some wind out of its home-sharing business. The San Francisco-based company said it submitted a draft registration statement to the Securities and Exchange Commission. It kept details in the statement confidential. Airbnb said the number of shares in the company it plans to sell and their price hasn’t yet been determined. The timing of the IPO also hasn’t been set. Airbnb, which was fo...