AIRBNB RAISES PRICING RANGE FOR ITS IPO TO $56 TO $60 PER SHARE

Highlights

• According to a Securities and Exchange Commission filing which was released on Monday, Airbnb raised the price range for its initial public offering to $56 to $60 per share

• Increasing the price of its shares by nearly 27 percent at the bottom and 20 percent at the top end, Airbnb is planning to sell 50 million shared through its public offering 

• The amount of valuation targeted....