03 March 2017

SNAP IPO Closes at $24.48 Up 44% First DayTrading, Tulip Mania? (video)

The term "tulip mania" is now often used metaphorically to refer to any large economic bubble when asset prices deviate from intrinsic values.
Snap Inc. NYSE:SNAP began publicly trading March 2, 2017
Snap starts trading at $24, up 41% from IPO price | VentureBeat.com and Snap pops at market open to $24, valuing company at $33 billion--Forbes.com.

and closes at $24.48, up 44% from IPO price of $17 a share:
 NYSE: SNAP

Snap Inc. is a U.S.-based multinational technology and social media company, founded September 16, 2011 by Evan Spiegel and Bobby Murphy, based in Venice, Los Angeles. Its products include Snapchat and Spectacles, as well as the Bitmoji app.

Stock exchange: Symbol - NYSE: SNAP

Domains include: 
snap.com
snapchat.com
spectacles.com
bitmoji.com
bitstrips.com

Investor relations website: investor.snap.com

SNAP | sec.gov (S.E.C. filings for Snap Inc.)

Selected $SNAP tweets March 2, 2017:

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