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by ObscureMind 2876 days ago
> I think they are right but they really have no proof that they avoided the IPO pop discount. They actually opened trading at $165.90 and closed at $149.01.

Incorrect. They opened at $120, jumped to $165 then dropped to $149.

1 comments

Umm

NYSE set a reference price of $132

Shares made their debut with an opening price of $165.90

Shares peaked at $169 shortly after trading began

Shares closed at $149.01

https://www.fastcompany.com/40554046/heres-how-spotifys-stoc...