Spotify Goes Public

Spotify went public today. Market Watch has some of the numbers:

The stock’s first trade was at $165.90 at 12:43 p.m. ET for 5.7 million shares, according to FactSet, or 27% above the reference price of $132. The stock then rose to an intraday high of $169, before falling to a low of $148.48. The stock was recently 9.8% below its opening price in afternoon trade.