Snap’s stock dipped below its IPO price for the first time in Monday’s trading amid investor concerns regarding its long-term growth prospects. Falling below the IPO price is not an uncommon occurrence; in fact, Facebook saw its stock trade at below IPO levels for over a year following its listing.
from Forbes Real Time http://www.forbes.com/sites/greatspeculations/2017/07/11/snap-dips-below-ipo-price-are-there-parallels-with-facebook/
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