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Airbnb valued at $100B after shares more than double in price and soar 115% above IPO offering


Airbnb shares more than doubled in price as it made a triumphant debut on the US market on Thursday with the home-sharing company now valued at $100 billion.

Shares soared 115 percent when it opened at $146 on the Nasdaq on Thursday, far above the initial public offering price of $68 apiece that raised $3.5 billion for the company.

Moments later, Airbnb was at $154, a rise of 127 percent.

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