Airbnb and DoorDash Set for Flurry of Analyst Coverage Next Week
- Quiet period ends on Monday for analysts at IPO underwriters
- Valuation likely to be a key focus after gains in both stocks
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Airbnb Inc. and DoorDash Inc. are poised for a flurry of Wall Street research on Monday after the quiet period ends for analysts at banks that underwrote the companies’ initial public offerings earlier this month.
Valuation is likely to be a key focus for analysts. Both stocks soared in their market debuts after pricing above already raised offering ranges. Food-delivery company DoorDash has shed gains since rising 86% in its first day of trading yet is still up 37% since Dec. 8. The shares of Airbnb, which owns a platform for lodging rentals, have more than doubled since debuting on Dec. 9.