Snapchat parent stock price rockets in Wall Street debut - News Summed Up

Snapchat parent stock price rockets in Wall Street debut


The company behind Snapchat is trading sharply higher in its Wall Street debut. Snap's IPO is one of the most anticipated for a technology company since Twitter's in 2013. That had created the biggest stir since Facebook bowed on Wall Street in 2012. Twitter is now valued at $11 billion, and Facebook is at $395 billion. Snap's pricing valued the Los Angeles company at $24 billion.


Source: ABC News March 02, 2017 16:32 UTC



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