NYSE celebrates Spotify's IPO by hanging the wrong flag outside
Spotify's CEO may not want to make a big deal out of his company's stock market debut, but the New York Stock Exchange is adding some flashiness. Unfortunately, the NYSE team also messed up who and what they're celebrating.
On Tuesday, the NYSE hung a Swiss flag outside of the building. The flag was next to two American flags and in front of a big banner for Spotify, as shared by Twitter user Joachim Löfstedt:
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One would think it was celebrating Spotify's heritage. But as Löfstedt shared in his tweet with the laughing tears emoji and two flag emojis, the NYSE chose the wrong flag.
Spotify is based in Stockholm, Sweden; not Switzerland.
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That flag has since been swapped.
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NYSE did not immediately respond to a request for comment.
UPDATE: April 3, 2018, 11:34 a.m. EDT The New York Stock Exchange has issued a statement about why the wrong flag may have been raised Tuesday morning:
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Kerry Flynn is a business reporter for Mashable covering the tech industry. She previously reported on social media companies, mobile apps and startups for International Business Times. She has also written for The Huffington Post, Forbes and Money magazine. Kerry studied environmental science and economics at Harvard College, where she led The Harvard Crimson's metro news and design teams and played mellophone in the Band. When not listening to startup pitches, she runs half-marathons, plays with puppies and pretends to like craft beer.
