Mar 10, 2017

Snap stock slides in first full week of trading

Greg Ruben / Axios

Snap had a rough first week in the public markets, with its shares closing down in four out of five days. The lowest close came today, at $22.07 per share.

Data: Money.net; Chart: Andrew Witherspoon / Axios
Data: Money.net; Chart: Andrew Witherspoon / Axios

Here are the closing company valuations, fully-diluted:

  • IPO: $23.63 billion
  • First market open: $33.36 billion
  • Peak: $40.64 billion
  • Market close today: $30.67 billion
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