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Tech: Why Airbnb's IPO may have a lot of room to run

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Tech: Why Airbnb's IPO may have a lot of room to run

ON Nov 16, just hours after US biotech firm Moderna Inc announced that the ongoing Phase 3 of its Covid-19 vaccine trial showed that its drug was 94.5% effective, global home-sharing giant Airbnb Inc filed its S-1 initial prospectus with the Securities and Exchange Commission, which is regarded as an intention to undertake an initial public offering (IPO).The timing could not have been better. A week earlier, pharmaceutical giant Pfizer Inc announced that the Phase 3 results of its

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Tech: Why Airbnb's IPO may have a lot of room to run

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