Wednesday, May 10, 2017

SnapChat IPO Price Trend. Will it Follow Google, Facebook or Groupon?

-Post their IPOs, tech companies go through 4 phases: Euphoria, Pessimism, Optimism, and Realism.

-Snap Inc is obviously in the Euphoria stage.

-Price data of 7 big tech IPOs show that most companies stay below their listing price in the first 180 days after IPO. The only exception from the companies analysed is Google.

Full Read: http://ift.tt/2q5NnGw



Submitted May 10, 2017 at 11:55AM by dylanjcowan http://ift.tt/2q3sIVw

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