IPO vs SPAC vs direct listing: Explaining Wall Street’s hot trends

Not too long ago, most big startups looking to debut on Wall Street chose to sell new shares through an initial public offering. But IPOs are no longer the only viable way for a privately held companies to start trading their stock.

Not too long ago, most big startups looking to debut on Wall Street chose to sell new shares through an initial public offering. But IPOs are no longer the only viable way for a privately held companies to start trading their stock.