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> 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. I
by ObscureMind 8y 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.
- chollida1 8y agoUmm 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-stock-price-did-on-its-first-day-of-trading https://www.fastcompany.com/40554046/heres-how-spotifys-stoc...