The property rental company Airbnb is looking to do an IPO and raise $3 billion. The plan is to sell the stock on the Nasdaq.
Earlier this month, Reuters reported that Airbnb wanted to raise $3 billion which raised the company’s valuation. Airbnb wants to list on the Nasdaq before the end of the year.
Morgan Stanley and Goldman Sachs are the lead underwriters for the AirBNB IPO.