08-02-2017 21:38 via feedproxy.google.com

Another company called Snap spiked 164% because investors thought it was Snapchat (STVID)

Investors likely wanting a piece of Snap Inc.'s impending IPO sent shares of another company called Snap Interactive up as much as 164%, as first noted by Bloomberg.
Snap Inc. is the parent company of Snapchat and is seeking to raise $3 billion when it goes public at a possible $25 billion valuation in March. Snap Interactive is a lesser known video chat and online dating service provider.
When Snap does eventually float its shares in the coming weeks, it will be under the ticker "SNAP" on
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