NEW YORK, March 2- Snap Inc shares opened for trading on Thursday at $24 on the New York Stock Exchange after pricing on Wednesday at $17 per share. Snap's initial public offering was oversubscribed more than 10 times, indicating a hunger for the shares that was expected to produce a pop on the first day of trading. The shares recently traded up 45.1 percent at $24.67.
Opening trades for Snap Inc. cross at the New York Stock Exchange at $24 per share.
Discussing the likelihood of success for Snap Inc. with Eric Hippeau, Lerer Hippeau Ventures, and Roger McNamee, Elevation Partners.
Dennis Crowley, Foursquare co-founder, discusses the location data provided to Snapchat by Foursquare and the future of leveraging data in hardware and apps.
CNBC's Julia Boorstin reports from the headquarters of Snap Inc. on the effect of the company's IPO on the Los Angeles startup scene and its Venice neighborhood.
Rob Sanderson, MKM Partners senior research analyst, and Henry Blodget, Business Insider CEO & founder, discuss the likelihood of success for ivnestors in the long term for Snap Inc.
NEW YORK, March 2- Snap Inc's in-demand shares were set to rally on their first day of trading in New York on Thursday, after the owner of the popular Snapchat messaging app raised $3.4 billion in its initial public offering, above its price expectations. Early indications pointed to the shares opening up at between $22 and $24, after the IPO priced on Wednesday at...
Founders Evan Spiegel and Bobby Murphy are getting $272 million apiece, Recode reports.
Co-founders Evan Spiegel and Bobby Murphy stand to make at least $272 million each on Thursday after they sell some of their shares.
CNBC's Bob Pisani looks ahead at the day's market action including the Snap Inc. IPO, with Tom Farley, NYSE president.
DUBAI, March 2- Kuwait has chosen a consortium led by National Investment Co to advise on an initial public offer of shares in the Az-Zour North One power scheme, state news agency KUNA said on Thursday. Az-Zour North One, with a capacity of at least 1,500 MW, is 40 percent owned by France's Engie, Japans Sumitomo Corp and Kuwaiti firm AH Al Sagar& Brothers.
Paul Meeks CIO of Sloy, Dahl & Holst Inc. and a portfolio manager, shares his thoughts on Snap's public offering and why if an investor is trading oriented they may want to be selling not buying into the company's open. At this point it's a one product company and it is going to have to come up with another gig, says Meeks.
Michael Wolf, Activate CEO talks about Snap's IPO and why he would be a buyer of the stock at the offering despite the fact it will unlikely become bigger than Facebook.
CNBC's Julia Boorstin reports Snapchat could raise $3.4 billion in its initial public offering today at the NYSE.
CNBC's Hadley Gamble discusses the implications of Saudi Arabian King Salman making a "historical" trip to Asia, as well as possible plans for Aramco's IPO.
October's successful sovereign bond sale indicated strong investment interest, said Mohammed El-Kuwaiz, vice chairman of the Capital Market Authority, Kingdom of Saudi Arabia.
Aramco's international listing destination will be decided by the IPO's underwriters and advisers, warned Mohammed El-Kuwaiz, vice chairman of the Capital Market Authority, Kingdom of Saudi Arabia.
NEW YORK, March 2- Snap Inc's in-demand shares are set to start trading in New York on Thursday after the owner of the popular Snapchat messaging app raised $3.4 billion in its initial public offering on Wednesday, above its price expectations. After pricing its IPO at $17 a share, the owner of the popular disappearing-message app has a market value of roughly $24...
Jason Moser of The Motley Fool says retail investors need to be very careful before going into the Snap IPO.
Channing Smith of Jackson Hole Capital Partners says he's avoiding the Snap IPO.