UPDATE 6-Spotify makes record-setting direct listing; shares jump, then slide
02 Apr UPDATE 6-Spotify makes record-setting direct listing; shares jump, then slide
Posted at 19:40h
in
News
by KMFSLLP
NEW YORK/SAN FRANCISCO, April 3 (Reuters) – Spotify
Technology SA on Tuesday completed the largest-ever
direct listing, valuing the world’s leading streaming music
service at as much as $30 billion, but its shares stalled after
an early spike.
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