Tag: advertising business

Finance Insolvency
World business

Snap Tumbles for First Time Since IPO After Analysts Say Sell

BCR teamComments Off on Snap Tumbles for First Time Since IPO After Analysts Say Sell

This article was sourced from Bloomberg. Article by Shelly Hagan. After a euphoric market debut, Snap Inc. shares dropped for the first time in three days and fell below the opening price of $24 on their first day of public trading after analysts began weighing in with their thoughts on the company’s true valuation. The parent company […]

Insolvency Technology
Technology

Snap values itself at nearly $24B with its IPO pricing

BCR teamComments Off on Snap values itself at nearly $24B with its IPO pricing

This article was sourced from Tech Crunch. Article by Matthew Lynley. Snap has given a final price for its IPO, setting the company’s valuation at nearly $24 billion with a price of $17 per share, according to a report by The Wall Street Journal. With that, it looks like Wall Street had plenty of appetite for […]