Snapchat parent rockets higher in Wall Street debut

NEW YORK (AP) – The company behind Snapchat is trading sharply higher in its Wall Street debut.

Snap Inc. jumped $7, or 41 percent, to $24 a share.

It had priced its initial public offering of 200 million non-voting shares at $17 each on Wednesday. That’s above the expected range of $14 to $16.

Snap’s IPO is one of the most anticipated for a technology company since Twitter’s in 2013. That, in turn, had created the biggest stir since Facebook took its first bow on Wall Street in...

What feeling does this article give you?
Joy
Disgust
Fear
Anger
Sadness

#hashtags to follow:

NEW YORK [+]    Snapchat [+]    Wall Street [+]    Snap Inc [+]    IPO [+]    Twitter [+]    Facebook [+]   

More #news: