Snap tumbles 9% on day three

 Snapchat parent Snap Inc. debuted on the stock market Thursday and immediately saw substantial gains on its first two days. But the excitement has already worn off, with shares tumbling on day three. After closing Friday at $27.09 per share, Snap fell beneath $25 on Monday, down roughly 9% during the day’s trading. “Some of the air is coming out of the stock,” said… Read More

from Social – TechCrunch https://techcrunch.com/2017/03/06/snap-tumbles-9-on-day-three/?ncid=rss
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