direct listings

Silicon Valley investor Bill Gurley told CNBC Tuesday that the change in direct listings approved by the United States Securities and Exchange Commission on Tuesday will "unquestionably" lead to the demise of traditional initial public offerings. What Happened: Appearing on CNBC...

The United States Securities and Exchange Commission on Wednesday approved a rule change proposed by the Intercontinental Exchange Inc (NYSE: ICE)-owned New York Stock Exchange to allow companies that use the direct listing route to raise capital.  What Happened: The market regulator approved...

Palantir Technologies Inc is planning to pursue a direct listing of its stock in September, instead of taking the initial public offering route, Bloomberg reported Wednesday. What Happened The Peter Thiel-owned company will sell its investors’ shares on the first day of trading, instead...

Slack Technologies, the provider of a cloud-based workplace messaging app, launched its product in 2013 and plans to list its shares on the New York Stock Exchange June 20 through a direct listing. The company will trade under the ticker “WORK.” The Pros Of Direct Listings A number...