Reference Price

Spotify shares jump in record-setting direct listing

Wed, 04 Apr 2018 - 08:00 GMT

The stock ended Monday's session at $149.01, valuing the world’s largest streaming music service at $26.5 billion.

NYSE sets Spotify reference price at $132

Tue, 03 Apr 2018 - 08:01 GMT

Spotify is pursuing an unusual direct listing to reach the public markets in place of an initial public offering, and shares are expected to start trading on Tuesday.

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