When Spotify’s shares begin trading April 3, less than one-third of them will be available for sale, a move designed in part to prevent a deluge of shares from instantly hitting the market in the streaming service’s unusual initial public offering.
WSJ.com: WSJD, Wall Street Journal: Technology
Tue, 03/20/2018 - 6:28pm
When Spotify’s shares begin trading April 3, less than one-third of them will be available for sale, a move designed in part to prevent a deluge of shares from instantly hitting the market in the streaming service’s unusual initial public offering.