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The US will soon have a new stock exchange: government watchdogs have approved (pdf) the application for Long-Term Stock Exchange (LTSE), a trading platform backed by prominent Silicon Valley names. The company says its rules are meant to reward…
Uber priced its public offering on Thursday at $45 a share, near the bottom of its expected price range, valuing the ride-hailing company at about $82.4 billion. It raised $8.1 billion from the I.P.O. … Its $82.4 billion valuation, which…
Wall Street Journal
– May 10, 10:57 AM
Regulators approved a plan backed by Silicon Valley heavyweights to launch a new stock exchange that could appeal to hot technology startups. The Securities and Exchange Commission signed off on the Long-Term Stock Exchange's application to become…