Snapchat was only one of this year’s latest “unicorn” IPO companies that made sure its new shareholders had zero or effectively zero voting rights.
SNAP shares dive on lousy earnings. Tech swoon, Fed interest rate hike don’t help, and Alexandria political shootings don’t help stock market’s tone.
Oil takes a hit Thursday, but stocks only modestly up to flat. Trading action begins to trail off prior to the annual launch of Beach Season U.S.A.
WASHINGTON, May 22, 2017 – As we’ve noted in our companion column, stock market action today is back in its happy place, at least for now, as stocks in general seem to be reacting warmly to the big deals President Trump is cutting with our once and future allies in the Middle-East. Read also: Trump-Saudi ...
Oil strong, bricks-and-mortar retail stocks take a hit, Snap Inc. CEO’s arrogance is rewarded (NOT), media, Democrats froth over Comey firing they once urged.
With market direction in April proving utterly unpredictable, we focus for now on IPO issues. Next in the on-deck circle: tech company Okta.
As Facebook's copycat app horns in on Snapchat’s prime territory, Snap, Inc. stock tumbles again, largely snuffing earlier SNAP rally. Also: Brexit now reality.
A weird Wall Street Monday engenders a pair of weird moves in our portfolio, re: Cliffs Industries (CLF) and Snapchat parent Snap, Inc. (SNAP).
Markets headed back to the salt mines Thursday after Wednesday’s outburst of irrational exuberance. Have we returned to the decline so soon?
Millennials, novice investors who chased the IPO of Snapchat’s parent company learned this week that, like God, IPOs giveth… and taketh away.
WASHINGTON, March 7, 2017 – Like Monday, March 6, Tuesday stock market trading action looks, on the surface at least, to be steadily though modestly off as the Trump Rally—or how much we have left of it—continues to blow off steam in the averages. A peek beneath the market surface, however, shows a great deal ...
The positive trading action in Snap, Inc.'s huge and enthusiastically received tech IPO continues. But will current buyers end up holding the bag?
Snap, Inc. IPO (symbol: SNAP) finally opens for trading late Thursday morning with shares popping 44.35 percent. Happy days, or sign of market top?