An Interest In:
Web News this Week
- April 27, 2024
- April 26, 2024
- April 25, 2024
- April 24, 2024
- April 23, 2024
- April 22, 2024
- April 21, 2024
Some of Our Sources
- Techcrunch
- Web Designer Wall
- Web Designer Depot
- Noupe
- Crazy Leaf Design
- Reencoded
- Line 25
- Wal You
- Design Modo
- Daily Now
Help Webnuz
Referal links:
March 2, 2017 05:14 pm GMT
Most of Snap’s top products came from acquisitions, and now it will have the war chest to make more. Yet it didn’t have to blow its momentum to collect this cash. After pricing its IPO at $17, above its original $14 to $16 range, today its shares popped over 40 percent to start trading at $24. That means it pocketed $3.4 billion while still looking cool and confident on the… Read More
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/vHX0UY0yVqs/
Snaps high-priced IPO rakes in cash for big acquisitions
Most of Snap’s top products came from acquisitions, and now it will have the war chest to make more. Yet it didn’t have to blow its momentum to collect this cash. After pricing its IPO at $17, above its original $14 to $16 range, today its shares popped over 40 percent to start trading at $24. That means it pocketed $3.4 billion while still looking cool and confident on the… Read MoreOriginal Link: http://feedproxy.google.com/~r/Techcrunch/~3/vHX0UY0yVqs/
Share this article:
Tweet
View Full Article
Techcrunch
TechCrunch is a leading technology blog, dedicated to obsessively profiling startups, reviewing new Internet products, and breaking tech news.More About this Source Visit Techcrunch