Snap (SNAP) Adds to Gains Despite Bearish Barron's Piece
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Snap (SNAP) Taps Session Low, Down Over 9.5%
March 6, 2017 3:08 PM ESTSnap (NYSE: SNAP) Taps Session Low, Down Over 9.5%
... MoreSnap's stock price hard to justify: Barron's
March 5, 2017 1:17 PM ESTNEW YORK (Reuters) - Snap Inc's (NYSE: SNAP) share price looks overvalued following a surge in the wake of its much-anticipated initial public offering last week, according to an article in Barron's.
Shares of the messaging app company closed at $27.09 on... More
UPDATE: Snap (SNAP) Tests Session Highs at $28
March 3, 2017 10:29 AM EST(Updated - March 3, 2017 10:36 AM EST)
Snap (NYSE: SNAP) got off to strong start in its first day of trading since yesterday's IPO. Shares surged 16%, climbing above $28 per share on very heavy volume.
... MoreNBCUniversal invests $500 million in Snap's IPO
March 3, 2017 8:44 AM ESTBy Jessica Toonkel
(Reuters) - Comcast Corp's (NASDAQ: CMCSA) NBCUniversal has invested $500 million in Snapchat owner Snap Inc (NYSE: SNAP), according to a memo on Friday, its latest move aimed at driving digital growth as more viewers go online for their favorite content.
Like other traditional U.S. media companies, NBCU is pushing more into digital media, and over the past 18 months it has invested $400 million in online publisher Buzzfeed and $200 million in Vox Media, operator of The Verge and Recode news.
The latest investment was... More
Snap (SNAP) Adds to Gains After Stellar Debut
March 3, 2017 8:02 AM ESTYesterday's hot IPO for Snap (NYSE: SNAP) is adding to yesterday's surges. After gaining 44% on its debut, shares of SNAP are up another 2.3% in pre-open trade to $25.04. Yesterday's high on the stock was $26.05.
Upside comes despite zero love from the sell-side. So far there are 5 ratings: 2 Neutral and 3 Sells.
... More