Giving up the ghost: investors bail on Snap – Reuters


CBS News
Giving up the ghost: investors bail on Snap
Reuters
While that is the premise of Snap Inc’s popular messaging platform, investors also saw any gains from its red-hot IPO disappear when shares plunged far below their initial sale price on Tuesday. Morgan Stanley, a lead underwriter on the company’s
Snap shares plummet after Morgan Stanley downgradeCBS News
Snap shares fall nearly 9% after downgrade by Morgan Stanley, a rare rebuke by a firm that helped bring it publicCNBC
Snap downgraded by lead IPO underwriter as shares fallFinancial Times
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