Airbnb shares soar on US stock market debut

Brian Chesky, CEO of Airbnb, is shown on an electronic screen at the Nasdaq exchange (Mark Lennihan/AP)

Airbnb shares have more than doubled in price as the home-sharing company made its debut on the Nasdaq stock exchange.

The San Francisco-based company had priced its shares at 68 dollars (£55) apiece late on Wednesday but they opened at 146 dollars (£118).