Snap Inc., the Parent Company of Snapchat, Surges in Trading Debut on the New York Stock Exchange

Snap Inc. Surges in Trading Debut
Posted at 11:56 AM, Mar 02, 2017
and last updated 2017-03-02 15:27:32-05

UPDATE: Snap Inc., the parent company of Snapchat, started publicly trading on the New York Stock Exchange under the symbol “SNAP” on Thursday. 

Shares of Snap Inc. opened for trading at $24, up about 41 percent from the tech IPO price of $17 a share.

The company is valued at 33 billion dollars.

This is the biggest tech IPO since ALIBABA in 2014.