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July 31, 2017 05:52 am GMT
After months of watching Snap’s volatile ride on the stock market from the sidelines, some insiders will be allowed to sell their shares Monday. Known as the “lockup period,” employees and early investors of companies are generally restricted from selling their shares during the initial months following an IPO. The duration of this period varies and in Snap’s case, 150… Read More
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/-vmoQ7_2gDI/
Snaps lockup expiration could pose bad news for the stock
After months of watching Snap’s volatile ride on the stock market from the sidelines, some insiders will be allowed to sell their shares Monday. Known as the “lockup period,” employees and early investors of companies are generally restricted from selling their shares during the initial months following an IPO. The duration of this period varies and in Snap’s case, 150… Read MoreOriginal Link: http://feedproxy.google.com/~r/Techcrunch/~3/-vmoQ7_2gDI/
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