Shares in Airbnb have soared on debut, in the biggest US stock market listing of 2020, while the Australian share market eyes falls after a mixed finish for global markets.AUD: 75.28 US cents, 56.66 British pence, 62.07 Euro cents, 78.49 Japanese yen, $NZ1.06Europe: FTSE 100 +0.5pc at 6,599, DAX -0.3pc at 13,295, Euro Stoxx 50 -0.1pc at 3,099After a tumultuous year for the global travel market, the holiday rental platform listed on the Nasdaq, with its share price more than doubling on open.
Airbnb posted a quarterly net profit of $US219 million ahead of its listing, as it cut its costs, but it expects a decline in bookings and a rise in cancellations during the fourth quarter.
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Aussie stocks rebound to pre-Christmas highs as dollar hits 77 US centsAustralian stocks have rebounded from a small dip yesterday, finishing trade at the best level seen since before Christmas. 9News We're burning the earth to a crisp, who cares.
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