Snap shares slump after critical note from Morgan Stanley – The Independent

Snap shares slump after critical note from Morgan Stanley – The Independent
The IndependentSnap shares slump after critical note from Morgan StanleyThe IndependentWhile that is the premise of Snap’s popular messaging platform, investors also saw any gains from its red-hot IPO disappear when shares plunged far below their initial sale price on Tuesday. Morgan Stanley, a lead underwriter on the company’s initial …Snap downgraded by lead IPO underwriter as shares fallFinancial TimesSnap Shares Tumble Further Below IPO PriceWall Street Journal (subscription)Snap shares fall nearly 9% after downgrade by Morgan Stanley, a rare rebuke by a firm that helped bring it publicCNBCCBS News -New York Postall 180 news articles »
Snap shares slump after critical note from Morgan Stanley – The Independent