Snap, the parent company of Snapchat, had a great day in its debut on the New York Stock Exchange. After pricing the IPO at $17 per share yesterday, the stock opened at $24. It then closed the day at $24.51, a 44% premium to the people who bought it yesterday.
But like with all IPOs, not everybody got to access Snap’s IPO price. This is usually reserved for a smaller group of… Read More
from Social – TechCrunch https://techcrunch.com/2017/03/02/snapchat-stock-finishes-up-44-on-first-day/?ncid=rss
via Superb Summers