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March 6, 2017 08:35 pm GMT
Snapchat parent Snap Inc. debuted on the stock market Thursdayand immediately saw substantial gainson its first two days.But the excitement has already worn off, with shares tumbling over 12% on day three. After finishing Friday at $27.09 per share, Snap closedat $23.77 on Monday, beneath the $24 where it opened on its first day of trading. This is still above the $17 IPO price, but… Read More
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/6sAS9NYXCxA/
Snap tumbles 12% on day three, erases gains
Snapchat parent Snap Inc. debuted on the stock market Thursdayand immediately saw substantial gainson its first two days.But the excitement has already worn off, with shares tumbling over 12% on day three. After finishing Friday at $27.09 per share, Snap closedat $23.77 on Monday, beneath the $24 where it opened on its first day of trading. This is still above the $17 IPO price, but… Read MoreOriginal Link: http://feedproxy.google.com/~r/Techcrunch/~3/6sAS9NYXCxA/
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