Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

Since this is a direct listing, imagine making the first trade. There's no price for it. You might be an institutional investor who negotiated a price beforehand with large shareholders. Or maybe it's a bunch of people yoloing it with limit orders.


Stock exchange liquidity is dominated by market makers who will do their own assessment, or simply wait for price discovery


I believe it starts with a reference price of 250$ per share.




Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: