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Snap stock stagnates

Snap Inc. has been publicly-traded for a month now, and so far has been a pretty boring stock.

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

The "camera company" originally priced in IPO at $17 per share, but began trading on March 3 at $24 per share. It spiked early, but since then has mostly settled into the low $20s. Today it opened at $22.70 per share, which gives Snap a fully-diluted value of around $31.55 billion.