Video: What Spotify's Public Debut Reveals About the Broader Market
The success of Spotify Technology's direct listing on the New York Stock Exchange Tuesday is an important market indicator.
The success of Spotify Technology's (SPOT) - Get Spotify Technology S.A. Report direct listing on the New York Stock Exchange Tuesday is an important market indicator.
That's the assessment from Kenny Polcari, managing director of O'Neil Securities, based on the floor of the New York Stock Exchange.
Polcari said it's important to see the IPO market come back to life, as a signal of overall stock market health.
Scroll to Continue
TheStreet Recommends
Want exclusive investing insight from Jim Cramer? Get 24/7 access to Jim's charitable trust portfolio with a free trial to Action Alerts PLUS!
Subscribe on Youtube for extended interviews, Cramer Replays, feature content, and more!
