Nasdaq Allocates Coinbase 250 Reference Price Ahead Of Today S Direct Listing
The reference price mirrors Nasdaq’s recent private market trades and contributions by investment bankers. However, it does highlight where the stock will open. Coinbase will trade under the COIN ticker with a listing of 114,850,769 shares, attracting an initial valuation of $100 billion to rank among the top 85 most valuable companies in the U.S. In going public, Coinbase is choosing to directly post shares on the Nasdaq exchange moving away from the traditional Initial Public Offering....