MARKETS

NYSE sets $7.25 reference price for Palantir’s direct listing, and $21 for Asana

The New York Stock Exchange set a so-called reference price of $7.25 a share for data-mining-software company Palantir Technologies’
PLTR,

direct listing Wednesday. In a statement, the exchange said the reference price is not the opening price, but rather a guide for investors. Asana
ASAN,
,
a work collaboration software company which is also going public via a direct listing on Wednesday, has a reference price of $21, according to the New York Stock Exchange.

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