Snap shares surge 44% on market debut
It’s one of the hottest tech companies to float on the US stock market in years. Snap Inc, the company behind the smartphone app Snapchat, raised $3.4bn in its market debut.
It’s one of the hottest tech companies to float on the US stock market in years.
Snap Inc, the company behind the smartphone app Snapchat, raised $3.4bn in its market debut.
However, there are concerns as some analysts say the company is overvalued.
Al Jazeera’s Gabriel Elizondo reports from New York City.
Published On 3 Mar 2017