Spotify begins trading at NYSE in an unusual debut that could mean trouble for Wall Street's IPO machine – CNBC
CNBC |
Spotify begins trading at NYSE in an unusual debut that could mean trouble for Wall Street's IPO machine
CNBC Founder and CEO Daniel Ek says the listing isn't supposed to be the most important day for the company. "Our focus isn't on the initial splash." Market conditions were already not ideal for a public debut, whether a traditional IPO or not. Liz Moyer … Spotify stock begins trading at $165.90 a share, placing company valuation at $29.5 billionThe Verge It's Just Another Day at the Office for SpotifyBloomberg Price indications point to strong Spotify NYSE launchReuters USA TODAY –Variety –Quartz –Wall Street Journal all 346 news articles » |
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