Not necessarily. I personally think it closed way too high yesterday . If I’m right, then they’ll avoid headlines of “Airbnb closed today at 30% below their IPO

Not necessarily. I personally think it closed way too high yesterday . If I’m right, then they’ll avoid headlines of “Airbnb closed today at 30% below their IPO price” by setting a more long term reasonable price. No idea how much the “narrative” really matters in the public stock market, but people sure talk about it like it does. It might matter for employee satisfaction too?