This throwback to Facebook's IPO is one reason some investors are nervous...
The hottest tech debut of the year is happening Thursday, as Snap Inc. goes public.The parent company of the messaging-app Snapchat raised $3.4 billion in the tech industry's largest initial public...
View ArticleHow Snapchat's first investor — whose stake is now worth $2 billion — found...
Snapchat just filed its paperwork to go public. And its 26-year-old CEO isn't the only one who's about to get paid.Lightspeed Ventures was the first venture capital firm to invest in Snapchat, and it...
View ArticleSnapchat already has a 'sell' rating, and the analyst thinks it will crash...
Shares of Snap Inc. got slapped with a "sell" rating as they made their trading debut. The parent company of Snapchat opened up at $24, up 41% from the initial public offering price of $17 per share....
View ArticleSnap's IPO was much more expensive than those of other tech companies (SNAP)
Snap, the owner of the popular photo and social media app Snapchat, had its big IPO Thursday night, with shares going for $17 apiece. That gave the company a $23.8 billion valuation, even though Snap...
View ArticleSnap is reportedly working on a drone (SNAP)
This story was delivered to BI Intelligence IoT Briefing subscribers. To learn more and subscribe, please click here.Snap, parent company of ephemeral photo-sharing app Snapchat, has reportedly worked...
View ArticleSnapchat popped in its trading debut — and it's now bigger than these 17...
Snap Inc's pop in its trading debut Thursday made the company larger than many established corporations. Based on the opening price of $24, the Snapchat parent's market capitalization — the total value...
View ArticleSnap surges 44% in its stock market debut — after an IPO that made its...
Snap Inc. surged in its debut as a publicly traded company Thursday, after raising a greater than expected $3.4 billion in an initial public offering.Shares of Snapchat's parent company opened for...
View Article'Right now we're just celebrating': Inside Snap's crazy $33 billion IPO (SNAP)
NEW YORK — Cheers erupted from the floor of the New York Stock Exchange on Thursday as cofounders Evan Spiegel and Bobby Murphy rang the opening bell to announce Snap's hotly anticipated IPO.The...
View ArticleVenice Beach protestors say Snapchat parent Snap's HQ spoils the community...
LOS ANGELES — As shares of California-based Snap Inc began trading on the New York Stock Exchange on Thursday, two dozen residents of the company's adopted home of Venice Beach protested outside its...
View ArticleNBC just made over $200 million from Snapchat in a single day
NBCUniversal invested a whopping $500 million in the initial public offering of Snapchat's parent company, Snap Inc., as "part of a strategic investment and partnership,"CNBC's Andrew Ross Sorkin first...
View ArticleThe fabulous life of Snap CEO Evan Spiegel, who just took his company public...
Life is good for Evan Spiegel.His company, Snap Inc., went public on Thursday at a $33 billion valuation. And with a net worth of at least $5 billion, 26-year-old Spiegel is one of the youngest...
View ArticleSnapchat continues to surge a day after its blockbuster IPO (SNAP)
Snap Inc's shares rose by as much as 17% in trading on Friday, extending their gains a day after they became available to the public. The parent company of Snapchat jumped 44% Thursday after the...
View ArticleSnapchat is still rallying — here's how long it takes on average for a hot...
Snap continued to rally Friday after staging the largest public debut of the year on Thursday. In its first two trading sessions, the Snapchat parent gained as much as 69% above its IPO price of $17....
View ArticleHere’s how Snap’s big trading debut compares to other tech IPOs
Snap made its long-awaited public trading debut on Thursday, and, for a company that isn’t sure when it’ll be profitable, didn’t flop at all. The Snapchat maker saw its shares jump from an IPO price of...
View ArticleWe spoke to the chairman of the company whose stock exploded after people...
As Snap Inc. was preparing to take its shares public on Thursday, March 2, another company with a similar name was jumping.Snap Interactive, the owner of dating and messaging apps including Tinychat...
View ArticleHow to tell if you're addicted to social media
New York University professor Adam Alter, author of Irresistible: The Rise of Addictive Technology and the Business of Keeping Us Hooked, explains how you can tell if you're addicted to Facebook,...
View ArticleHere's what we know about Bobby Murphy, Snapchat's mysterious billionaire...
CEO Evan Spiegel is the public face of Snapchat parent company Snap Inc., but Bobby Murphy also wields considerable power as its cofounder and chief technology officer.Together, Murphy and Spiegel own...
View ArticleThe rise of Snapchat from a sexting app by Stanford frat bros to a $31...
Snapchat's beginning sounds a lot like Facebook's from "The Social Network."In Snapchat's case, it wasn't two ousted cofounders (the Winklevoss twins) against Mark Zuckerberg. But still, it featured...
View ArticleInvestors are going nuts for Snapchat — here's how Snap thinks it can turn a...
Investors are going crazy for Snapchat parent company Snap, and the stock is up more than 50% since its Thursday IPO, with a market cap of more than $30 billion. But Snap is still losing a ton of money...
View ArticleSnapchat is tanking for the first time since its IPO (SNAP)
Snap Inc. is having its first down day in the stock market since going public on Thursday.Shares of the parent company of Snapchat fell 7% in early trading on Monday to as low as $24.85. They were...
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