Snap's stock price is down 3.7% at $22.95 per share on Tuesday after Facebook announced it is
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Snapchat sinks as Facebook launches a clone (SNAP)
Snapchat's stock price is sinking, but it's still above its IPO price.
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- Goldman Sachs:
- Morgan Stanley:
- Citi:
- RBC:
- Jefferies:
- Oppenheimer:
- Credit Suisse:
- UBS:
- Stifel:
- Cowen:
Snapchat priced its IPO at $17 per share, and its first trade on March 2 printed at $24. The stock hit a high of $29.44 on March 3 before falling to a low of $18.90 on March 17.
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