For the second day in a row, a San Francisco-based app company made investors tons of money following an initial public offering.
Today, Airbnb shares rose 112.8 percent in their first day of trading on NASDAQ.
The stock was priced at US$68 but climbed to a peak of US$165.
By the time markets closed at 1 p.m. Pacific standard time, Airbnb shares had fallen to US$144.
This came a day after shares in meal-delivery service app, DoorDash, rose 85 percent on its first day of trading on the New York Stock Exchange on December 9.
Today, Doordash stock fell 2.11 percent to close at US$186.