initial public offerings (IPOs) trading on American exchanges

Wednesday, April 4, 2018

Spotify (SPOT) began trading on the NYSE on Tue 3 Apr 18

Spotify went public on the New York Stock Exchange (NYSE) via a direct listing rather than an IPO. This means the company listed and offered shares without any underwriting from the banks. In doing so, Spotify pioneered the direct listing.
  • Opened at $165.90 per share, or approximately 25.7% higher than the reference price of $132.00

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