Thu, May 11, 2017
Investors delivered a stern message of disappointment to Facebook and Twitter when they posted debut quarterly scorecards following their IPOs. Twitter shares cratered 24 percent the following day, while Facebook`s tumbled 11 percent, drops that stand to this day as the biggest one-day losses for both.
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Tue, Mar 28, 2017
TD Ameritrade said Snap accounted for 7% of trading volume on its online platform during its first day of trading. As of last Thursday, almost half of its retail customers who bought the stock in the IPO have since sold their shares.
Fri, Mar 10, 2017
One of two current members of the US Securities and Exchange Commission (SEC) raised questions on Thursday for companies like Snap Inc that offer shareholders unequal voting rights stating the agency should "focus on how some innovations may prove detrimental to investors."
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