Pondering Snap’s IPO over laser tag and paintball Snap’s Wall Street honeymoon may be over.
Snapchat’s parent company tanked more than 12% in trading Monday, ending the day at $23.77 a share. That puts Snap below its first day opening price of $24.
The stock plunge comes after a strong Wall Street debut. Snap (SNAP) soared 44% above its IPO price of $17 a share on Thursday, its first day of trading. It jumped another 11% on Friday amid pent-up investor demand for
source http://www.omnipopmag.com/2017/03/06/snap039s-post-ipo-gains-just-disappeared/
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