Why is ABNB not trading?

Discussion in 'Stocks' started by VicBee, Dec 10, 2020.

  1. VicBee

    VicBee

    Today's the 10th, official start trading date, but... nothing! Am I missing something?
     
    #1     Dec 10, 2020
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  2. Robert Morse

    Robert Morse Sponsor

    Halted, not open yet.

    upload_2020-12-10_9-44-40.png
     
    #2     Dec 10, 2020
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  3. VicBee

    VicBee

    Ok,. What does that mean? I thought everything was set for this morning... Will it open sometime today and how do we know, other than suddenly seeing the price shoot up?
     
    #3     Dec 10, 2020
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  4. Robert Morse

    Robert Morse Sponsor

    It means it is a new issue listed on NASDAQ and they are waiting to open the stock. This is common. No stocks start at 9:30 am on the IPO day.
     
    #4     Dec 10, 2020
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  5. VicBee

    VicBee

    Ok, thanks for the clarification. Being in Singapore and it's past 11 pm, this means it's going to be a long night for me.. :rolleyes:
     
    #5     Dec 10, 2020
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  6. Robert Morse

    Robert Morse Sponsor

    Might be soon. I see an indication of 145. Keeps changing.

    upload_2020-12-10_10-11-52.png
     
    #6     Dec 10, 2020
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  7. VicBee

    VicBee

    145?!? Yikes... Far off from 68...
     
    #7     Dec 10, 2020
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  8. OptionsOptionsOptions

    OptionsOptionsOptions

    What would the market cap be at 145?
     
    #8     Dec 10, 2020
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  9. zdreg

    zdreg

    It will be a great night for you if you received the 270 share allocation, at the ipo price, reserved for abnb hosts
     
    #9     Dec 10, 2020
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  10. Cuddles

    Cuddles

    Yeah, that was a nice touch
     
    #10     Dec 10, 2020
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