Business
How does Airtasker (ASX:ART) stack up against its peers?
Participants of the Airtasker Limited (ASX: ART) initial public offering (IPO) would have been rubbing their hands together on today’s successful listing. By the end of its debut trading session, the online marketplace for local services finished at $1.05. That puts the ASX-listed Airtasker share price 61.5% higher than the IPO price of 65 cents.
There’s no doubt plenty of excitement surrounding the company. The five times oversubscribed IPO is clear evidence of that. Even Airtasker’s own select group of ‘taskers’ and staff subscribed for more than 10 times more shares than originally anticipated.
With all the excitement it’s easy to forget that Airtasker still has competitors. So, how do they stack up against each…
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