Earlier this week, Snap through Morgan Stanley, Goldman Sachs and J.P. Morgan managed to sell 145 million shares in Snap at $17 a share and raised a total of $2.45 billion in cash. Much to some surprise, Snap actually managed to close at $24.48 at Day 1 of IPO, up $7.48 per share or a good 44% jump from its…
Tag: Investment review
