This year's stock market boom has coincided with a boom in new listings. There have been plenty of IPOs, numerous SPACs, and an uptick in companies doing direct listings on the exchange. That third category has gotten relatively less attention, but it potentially represents a powerful offering from the NYSE, which unlike many other financial companies, has performed quite well. On this episode, we speak with John Tuttle, Vice Chairman and Chief Commercial Officer at NYSE about how direct listings work, and why the NYSE sees them becoming a much bigger vehicle for going public in the future.
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