News Desk — April 3, 2018 at 9:16 pm — Updated: April 3, 2018 at 9:16 pm

Spotify makes record-setting direct listing; shares jump, then slide

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NEW YORK/SAN FRANCISCO (Reuters) – Spotify Technology SA on Tuesday completed the largest-ever direct listing, valuing the world’s leading streaming music service at as much as $30 billion, but its shares stalled after an early spike.

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