Snap, the parent of Snapchat, had a great first two days on the stock market, only to be followed by two terrible ones. Shares quickly tumbled to beneath $22, an over 11% drop in morning trading. This means that most investors are already losing money on the social media company. Snap opened Thursday at $24 per share. It is still above its $17 IPO price, but that’s mainly relevant for… Read More
source https://techcrunch.com/2017/03/07/snap-has-already-tumbled-11-on-day-four/?ncid=rss
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