Snap Prices IPO, Debuts On NYSE Tomorrow
socalTECH
MARCH 1, 2017
has officially priced its IPO, saying on Wednesday afternoon that it will sell 200M shares of its common stock at $17.00 billion for Snap, the company behind Snapchat , valuing the company at approximately $24 billion. Snap's IPO priced above its initial estimated pricing range, which had been between $14.00 billion each.
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