Slack shares surge in successful stock market debut
http://bit.ly/2WZgcTS
Notably, the company – trading under the symbol WORK – opted for a direct listing rather than a traditional IPO. In this manner, a company doesn’t hire an underwriter or sell new shares to raise money, but rather, they simply list existing shares.
Notably, the company – trading under the symbol WORK – opted for a direct listing rather than a traditional IPO. In this manner, a company doesn’t hire an underwriter or sell new shares to raise money, but rather, they simply list existing shares.
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