31-07-2017 23:38 via uk.finance.yahoo.com

Snap ends down slightly in brisk trade on lockup expiry

By Sinead CarewNEW YORK (Reuters) - Shares of Snap Inc , owner of the Snapchat messaging app, had their busiest trading day in two and a half months in a volatile session on Monday, as early investors could sell their shares for the first time since its March market debut.The stock pared losses to close down 1 percent at $13.67, after falling as much as 5.1 percent and hitting a fresh record low following the expiration of a trading lockup.It ended the day about 54 percent below its March 3 intr
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