FTSE CLOSE: UK stocks struggle after overnight falls on Wall Street as tech stock sell-off continues; Fox offers to sell Sky News to Disney



Louise Hill Host commentator
Auto-update 17:19 FTSE Close The FTSE 100 index at the close was down 26.15 at 7030.46.
15:47 Spotify makes its Wall Street debut Spotify's stock debuted on the New York Stock Exchange this afternoon at $132 a share in an unusual Wall Street float.
Instead of an IPO, where new stocks are listed at an underwritten price set by a bank, Spotify is selling only existing stock. 
Known as a direct listing, this way the company removes power from banks which are hired at great expense to drum up investors before a company goes public and then push the stock to ensure... read more

 
3 April 2018 in Business, Views: 50
Source: Daily Mail
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