Saudi Aramco shares up sharply on market debut
Saudi Arabia has listed the world's most profitable company on the stock market in what's been the world's largest IPO. Right now, shares are only being traded on the Tadawul Exchange in Riyadh.
Slack skipping IPO and going right to the public
Work collaboration tool Slack is going public this week, but not with an IPO. The company is opting for a direct listing allowing it's investors and employees to sell their existing shares immediately. The company has a current valuation of $16.5 billion. Bloomberg's Emily Chang reports. Disclosure: Bloomberg Beta, the venture capital arm of Bloomberg LP, is an investor in Slack.