SNAP, MAKER OF THE TEEN SOCIAL APP SNAPCHAT, FILES FOR IPO
Feb 09, 2017
2 minutes
The company behind Snapchat, a teen-oriented social network famous for its quickly disappearing messages, has filed for what could be one of the largest tech IPOs in years.
Snap Inc. said last week that it’s seeking up to $3 billionin an initial public offering, a figure that could shift based on investor demand. That demand will help determine the price per share sought by Snap in the upcoming weeks.
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