'Right now we're just celebrating': Inside Snap's crazy $33 billion IPO (SNAP)
NEW YORK — Cheers erupted from the floor of the New York Stock Exchange on Thursday as cofounders Evan Spiegel and Bobby Murphy rang the opening bell to announce Snap's hotly anticipated IPO.
The Snapchat maker's debut is the first tech IPO of the year and the largest tech deal since Alibaba went public in 2014.Snap had priced its IPO at $17 per share, but demand pushed the opening price to $24 at a $33 billion valuation.
Snap's share price closed at $24.48 on its first day of trading, a
Read more »