Snap Crashes Below $20
Snap Inc shares are now down over 30% from their post-IPO highs, and are breaking below the $20 level on their way to the $17 IPO price. It seems options markets did nothing to slow the selling...
(Click on image to enlarge)
There are no "Buy' reccommendations among the 10 analysts that cover Snap...
(Click on image to enlarge)
Copyright ©2009-2014 ZeroHedge.com/ABC Media, LTD; All Rights Reserved. Zero Hedge is intended for Mature Audiences. Familiarize yourself with our legal and use policies every time you ...
more
How did you like this article? Let us know so we can better customize your reading experience.
It will help teach people to no longer chase IPO prices to astronomical prices, especially since so many are IPOed at prices that are already exceedingly robust in valuation.