Snap Shares Tumble Further Below IPO Price – Wall Street Journal (subscription)

Snap Shares Tumble Further Below IPO Price – Wall Street Journal (subscription)
Wall Street Journal (subscription)Snap Shares Tumble Further Below IPO PriceWall Street Journal (subscription)Snap Inc.’s rough week continued Tuesday, as a bank that led its initial public offering slashed its price target for the Snapchat parent’s stock. Snap shares dropped 5.9% in recent trading to $15.99. A day prior, shares fell below their IPO price of …Snap shares drop after downgrade from lead underwriter Morgan StanleyReutersSnapchat shares downgraded by Morgan Stanley, a rare rebuke by a firm that helped bring it publicCNBCSnap suffers key analyst downgrade as shares slip below IPO priceFinancial TimesMarketWatch -New York Post -Reuters UKall 106 news articles »
Snap Shares Tumble Further Below IPO Price – Wall Street Journal (subscription)