DoorDash and AirBnB pricings


oorDash priced its initial public offering at $102 a share, well above a marketing range that had already been revised upward, according to various reports.

That means the food delivery company will raise a total of $3.4 billion and gives it an overall valuation of $39 billion, more than double what it was valued at in a private round of fundraising earlier this year.

Online rentals agency AirBnB is also expected to price its offering later Wednesday. It has also raised its marketing range to eye a valuation of as much as $42 billion, in what would represent a stunning recovery from a pandemic-driven hit earlier in the year