Though there is only one IPO scheduled for the week, it is a big name and will likely gain a fair share of media attention. Spotify
This is the first direct listing so it's no doubt that many will be watching closely. The problem is that there is no way to know the valuation that the public will assign at the opening. Privately the shares that have already been traded have traded anywhere from $49 to $125.
Spotify says they have just over 71 million paying subscribers which accounts for 90% of their total revenue quarter over quarter. To put it into perspective, Apple
Given the direct listing, many feel that the price at the open will be much more volatile than normal. As a new, or novice IPO trader this may be one that is worth waiting out before stepping in. At the very least, many would advise to start with a small position should you be considering this IPO.