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lower than; higher lower than; lower 1 pts Question 3 On 9 Dec 2020, Airbnb completed its initial public offering (IPO) where investor received allotment

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lower than; higher lower than; lower 1 pts Question 3 On 9 Dec 2020, Airbnb completed its initial public offering (IPO) where investor received allotment of new shares at a price of $68 per share. On 10 December 2020, the shares of Airbnb were listed on the Nasdaq and the price closed at $160 per share. Which of the following statement is INCORRECT regarding the listing of Airbnb on the Nasdaq stock market? the IPO of Airbnb took place in the secondary market the Nasdaq is a secondary market the Nasdaq is a stock exchange the shareholders of Airbnb have residual claims to the assets of the company. O the return to the Airbnb IPO participants is around 135% by the end of 10 December 2020 1 1 pt

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