The Long-Term Stock Exchange Gets its First Listings: Report

Two tech companies, Asana and Twilio, listed their shares on the upstart exchange, which is designed to discourage short-term thinking and promote an embrace of all stakeholders, not just shareholders, The New York Times reports. The companies are already listed on the NYSE, making the move largely a technicality, but the exchange hopes others will be encouraged to list there. The exchange has gotten off to a slow start since it was first conceived a decade ago. Read more.

Total
0
Shares
Related Posts
spac
Read More

Innovation in SPAC Market is Challenging

The SPAC sector has seen two notable attempts at innovation since 2021, one offered by serial SPAC sponsor Eagle Equity Partners, the other by Pershing Square Capital Management. But neither had attracted imitators