Why tech companies are snubbing the London Stock Exchange


British fintech Wise said this week it would shift its primary listing from London to New York, joining a growing list of firms snubbing the London Stock Exchange. UK chip designer Arm opted for a New York IPO in 2023, while food delivery giant Just Eat Takeaway quit the LSE for Amsterdam in November.  Sweden’s Klarna has confirmed plans to go public in New York, following in the footsteps of fellow Stockholm-based tech darling Spotify, which listed on the NYSE in 2018.  The draw? Bigger valuations, deeper capital, and more appetite for risk. “The US economy continues to perform far…

This story continues at The Next Web

Post a Comment

hey there, great job keep on interacting
© Quancea official©.ⒹPowered by Datamiv  All rights reserved. Powered by Mrskt