Deals
Direct Listings to Take Center Stage as Palantir, Asana Debut
- Trading debuts adding to software listings surge amid pandemic
- Palantir could have market value of $28.2 billion: analysts
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It’s been more than a year since any company chose to go public via a direct listing. This week, there will be two.
Palantir Technologies Inc. and Asana Inc. are scheduled to make their public market debuts Wednesday, when private investors in each company can start selling their shares on the New York Stock Exchange. Unlike a traditional initial public offering, no capital is raised by the company.