It’s official: Spotify will begin trading on the New York Stock Exchange (NYSE) on April 3. According to CNN, the company’s executives will take an interesting approach to the day. They won’t ring the bell at NYSE that morning, do any interviews or even throw...
The unicorn is a mythical beast. Where magic abounds. High flying, or maybe not. Possibly not, when it comes to valuation. The news this week that Dropbox, the file sharing firm, is coming public at well below the $10 billion it had seen in its latest...
Music streaming service Spotify has filed for a direct listing of its shares as it prepares for its debut on the New York Stock Exchange in late March or early April. According to NPR, instead of entering the market through an IPO, Spotify will simply...
Rules aimed at removing hurdles for small companies to list on the stock market aren’t resulting in much gains for investors. According to a report in The Wall Street Journal, citing Dealogic, out of the eight companies that went public last year under a provision...
Spotify might go public this year, about one year later than the company originally planned. Unnamed sources told Axios that Spotify filed Securities and Exchange Commission (SEC) documents in December for an initial public offering (IPO). The documents are still confidential. Sources in a CNBC report, however, claimed...
Stitch Fix had a tough day, with its first earnings report after its IPO sending its shares went into a tailspin. According to Tech Crunch, Stitch Fix closed up just 1 percent on its first day of trading, but did not have a good week...
Newly listed Chinese FinTech companies in the U.S. are struggling on Wall Street, leaving investors with unexpected losses and posing as a setback to other Chinese firms hoping to go public. According to news from The Wall Street Journal, 16 companies from China have debuted on...
The parent company of BarkBox, the subscription service for dog products, is gearing up to launch an initial public offering (IPO) in the next six months. According to news from CNBC, citing Bark co-founder and chief executive Matt Meeker, the company would also consider a sale...
In Wall Street parlance, a busted initial public offering (IPO) is one that trades below the initial price afforded right out of the gate, on its first day of trading. And so, Blue Apron has the IPO blues, to the tune of 70 percent. Almost that...
