Snap Inc. started trading Thursday morning at $24 a share in the Los Angeles company's stock market debut. The company priced its shares Wednesday at $17 apiece. Shares quickly jumped, hovering above $24.60 in the first few minutes of trading. Snap's market capitalization is about $33 billion. This post was updated at 8:26 a.m. to include more details.

Source: Los Angeles Times March 02, 2017 16:21 UTC