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She is the president of the NewYorkStockExchange, the world’s largest, with over 2,400 listed companies for a combined market cap of about $36 trillion. She is also chair of the fixed income and data services at ICE, Intercontinental Exchange. Is it the investmentbank? Absolutely.
For its first few years as a publiccompany, Palantir Technologies (NASDAQ: PLTR) struggled mightily to capture meaningful market share in the enterprise software space. In short, by making an investment more accessible to a broader base of investors, Palantir's trading liquidity should improve following a split.
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At that point, I’d been covering, as you mentioned, investmentbanking, Goldman Sachs for a couple years. You’ll remember IPOs back in the day, investmentbanks used to win them by saying, “We’ve got retail, give us that allocation, it doesn’t matter at all anymore.” RITHOLTZ: Right.
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