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March 3, 2017 06:42 am GMT
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/X3jPIW2mmvA/
Did Snapchat leave money on the table?
Snapchat priced its IPO at $17 per share on Wednesday, raising $3.4 billion. Then it opened Thursday at $24 per share and closed at $24.48. That’s a 44% gain for the select investors who bought into the IPO. And that gain looks great…for new investors. But it also means that Snapchat could have sold its shares for a higher price! If Snapchat priced its shares just a little higher… Read MoreOriginal Link: http://feedproxy.google.com/~r/Techcrunch/~3/X3jPIW2mmvA/
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