Snap (SNAP) Said to Price IPO at $17, Above Expected Range


Snap (NYSE: SNAP) is said to sets its IPO price at $17 per share, above the expected $14-$16 range, Dow Jones News reported. Shares are set to open on Thursday on the NYSE under the symbol “SNAP”.
The company is looking to sell 200,000,000. Snap Inc. is offering to sell 145,000,000 shares of Class A common stock in this offering. The selling stockholders identified in this prospectus are offering an additional 55,000,000 shares of Class A common stock.
The offering is being led by Morgan Stanley, Goldman Sachs, JP Morgan, Deutsche Bank, Barclays, Credit Suisse and Allen & Company.

Copyright (c) 2017

4 thoughts on “Snap (SNAP) Said to Price IPO at $17, Above Expected Range”

  1. admin says:

    Yesterday’s hot IPO for Snap (NYSE: SNAP) is adding to yesterday’s surges. After gaining 44% on its debut, shares of SNAP are up another 2.3% in pre-open trade to $25.04. Yesterday’s high on the stock was $26.05.
    Upside comes despite zero love from the sell-side. So far there are 5 ratings: 2 Neutral and 3 Sells.

  2. frank says:

    According to sources.,BCUniversal invested $500 million in Snap during its IPO.

  3. aminahmi says:

    Another issue is really that video gaming has become one of the all-time most important forms of recreation for people of any age. Kids enjoy video games, and adults do, too. The particular XBox 360 is one of the favorite video games systems for people who love to have a lot of activities available to them, along with who like to learn live with some others all over the world. Many thanks for sharing your opinions.

  4. Macy Leonti says:

    Excellent Mac and use the most recent version of Firefox. I would like the down load window to stop popping up every time i save just like a picture or something. For instance when i save a picture i realize in firefox, the down load window arises saying what i’ve downloaded and stuff. How do i obtain that appear window to stop popping up everytime we save some thing to my computer (like a picture) in Chrome? I won’t be able to find anything in choices in firefox either. MAKE SURE YOU HELP!.

Leave a Reply

Your email address will not be published. Required fields are marked *