Shares in startup Snap jumped 164% after investors mistook it for Snapchat

Shares in little-known startup Snap Interactive have almost doubled in value in recent days after investors eager to cash in on the initial public offering of Snap Inc, the maker of the photo-app Snapchat, mistook it for the popular app. Snap last week said it had filed for a $3bn initial public offering that could be the largest stock market floatation of a US tech company in years. In what seems to be a case of mistaken identity, overeager investors rushed to invest sending shares of Snap Inte