More than 200 million shares — the entire size of the offering — changed hands over the course of the day.
"I think it insulates them in a way that allows them to do as many dumb things as smart things," tech investor Roger McNamee told CNBC.
Snap CEO Evan Spiegel recognizes that investors have been asking if Snapchat is the "next Facebook," the LA Times reported.
The company's stock is scheduled to start trading Thursday on the New York Stock Exchange.
Jonty Jacobs is a high-end beef jerky start-up making a "Power Pitch" on CNBC.
Akiko Naka, CEO of Wantedly, talks about how her start-up helps match companies with job seekers who might not be serious about changing jobs just yet.
Brian Hamilton, chairman of Sageworks, explains why he thinks Snap's valuation is not justified.
Number 19 on our CNBC Upstart 25 list is Foodstirs, a packaged baking goods startup co-founded by TV's Sarah Michelle Gellar.
A current female employee says men were promoted before more qualified women, and were catcalled by male employees while at work.
Julio Avalos of GitHub explains why the software platform is expanding into ANZ to better engage its community.
Snap is eyeing a range of $17 to $18 per share for its upcoming IPO, sources told CNBC on Tuesday.
The top startup in CNBC's first ever Upstart 25 list is Zume Pizza which uses robotics to revolutionize the delivery industry.
Tesla claims its coating, stronger and more resilient than traditional steel primers, is reducing corrosion costs for companies by 30%.
This on-demand video wellness service brings the best of exercise, meditation and healthy cooking videos right to your TV, laptop or phone.
With 67% of US women size 14 and up, two Harvard classmates saw a $17 billion business opportunity that was too hard to ignore.
CNBC's first-ever list of promising young startups are scaling quickly on the path to becoming tomorrow's household names.
Cybersecurity experts Pavel Gurvich and Ariel Zeitlin have found a way to stop threats from moving around a data center once they're inside.
The Upstart 25, CNBC's first-ever list of promising young start-ups, features companies building brands, breaking barriers, and scaling.
Former Merrill Lynch CEO Sallie Krawcheck knows a thing or two about money. Her latest mission: to close the gender investing gap.
This LA company, co-founded by actress Sarah Michelle Gellar, is bringing together families with its organic, GMO-free dessert baking kits.