17 November 2024

Howe Street Reporter Title

Tag: WORK.Q

  • 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,…