Spotify goes public with a bang after flag snafu to mark first day of trading
by Dominic Rushe in New York from Technology | The Guardian on (#3KTQY)
- NYSE hoisted the Swiss, not the Swedish, flag to celebrate the deal
- Stock exchange initially valued loss-making company at $29.5bn
Spotify, the Swedish music streaming service, went public with a bang on Tuesday as the nine-year-old company sold shares on the New York stock exchange that initially valued the loss-making company at $29.5bn.
Related: Spotify poised to be a $25bn company on eve of IPO
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