Could Snapchat lead to more tech IPOs?

Wednesday, March 1, 2017

Could Snapchat lead to more tech IPOs?

Labels: social

American flags fly above a Snapchat sign displayed outside of the New York Stock Exchange (NYSE) stands in New York, U.S., on Friday, Oct. 21, 2016. U.S. stocks trimmed losses as deal activity boosted consumer stocks and Microsoft Corp. rose toward a record, offsetting losses spurred by concerns a stronger dollar will damp corporate earnings. Photographer: Michael Nagle/Bloomberg via Getty Images

When Snap prices its IPO after the closing bell today, it will be the first tech company to go public this year. It will also be the largest tech company to go public in the U.S. since Alibaba debuted in 2014. Because of the dearth of recent tech offerings, all eyes will be on the Snapchat parent to see what it means for the “IPO window.” The performance of large tech offerings… Read More

from Social – TechCrunch http://ift.tt/2lUlssp Could Snapchat lead to more tech IPOs? Katie Roof http://ift.tt/2mGcWf8
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Wednesday, March 1, 2017