Surf Air's rough debut serves as cautionary tale for direct listings ajot.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ajot.com Daily Mail and Mail on Sunday newspapers.
The European Commission has initiated an antitrust probe into Microsoft to determine if it bundled its Teams video and chat app with some of its other products.
Surf Air's Rough Debut Serves as Cautionary Tale for Direct Listings bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
(Bloomberg) Going public via direct listing can be a bit of a gamble. For Surf Air Mobility Inc., it proved to be more like a spin on the roulette wheel.Most Read from BloombergThe Pizza That’s Taking Over the USSpaceX Falcon Heavy Rocket Deploys Massive SatelliteChina’s Push to Expand BRICS Membership FaltersBodegas Put on Notice as Visa Fights Back on Card SurchargesTraders Are Risking It All on Bets That Market Boom Will LastWhen the stock finally began trading just before 3 p.m. Thursday