Snap falls below $20 for the first time

Snapchat parent company Snap slipped below the $20 per share mark for the first time today, two weeks after the company started trading on the New York Stock Exchange at $24 per share.
Up-to-the-minute stock alerts don’t reveal much about Snap — the stock may sink lower before the end of the day, or rebound slightly if investors leap at the discount. But this dip reinforces a broader trend: After an investor frenzy, the social media stock is settling down from euphoric