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Spotify Opens For Trading

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Spotify Opens For Trading

E
Entertainment (now)

0 Views • Apr 04, 2018

Description

Music steaming site Spotify went public on Tuesday through a direct listing. The direct listing means the company listed without underwriters, a set price, a set supply of shares, or a lock-up on existing investors. The stock opened for trading at $165.90 at a valuation of $30 billion.

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