Tag: snap

Finance Insolvency
World business

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 […]

BCR team Comments Off on Snap Tumbles for First Time Since IPO After Analysts Say Sell
Insolvency Technology
Technology

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 […]