24 November 2024

Howe Street Reporter Title

Tag: direct listing

  • Coinbase Global (COIN.Q) goes live on NASDAQ to the tune of $86 billion, but will it beat the hype?

    Coinbase Global (COIN.Q) goes live on NASDAQ to the tune of $86 billion, but will it beat the hype?

    Cryptocurrency exchange Coinbase went live on the NASDAQ today using the ticker symbol COIN.Q to the tune of $86 billion. If your first reaction to that number is an eyeroll and a whatever-you-say you’re not alone. We’ll get into that in a moment, but for right now let’s consider what this means for the development…

  • Direct Listings vs IPOs

    Direct Listings vs IPOs

    Technology companies like Slack (WORK.Q) and Lyft (LYFT.Q) have one thing in common: their affinity to make losses. But before Lyft fooled the retail investor, it fooled a bigger player: the buyer of its pre-IPO stock. The same isn’t true of Slack which opted for a direct listing instead. Now, you may be asking yourself,…