Snap Shares Sink Below IPO Price

Snap Shares Sink Below IPO Price

When Snap, the parent company of social app Snapchat, made its IPO on March 2, it had a banner day. When the stock market opened, Snap shares were already trading higher than their IPO price of $17 per share. It closed the day at $24.48 per share and made its founders...
Is Airbnb Headed For An IPO?

Is Airbnb Headed For An IPO?

After years of speculation, it looks like Airbnb is going public—but not any time soon. The company has been venture-funded to date and has raised $4.4 billion from investors such as General Atlantic Managing Director and Head of Internet Anton Levy, actor Ashton...