Snap’s stock price sinks to IPO price

Jun 15, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Capital, Economics, Finance, Non-Bank Loans, Working Capital

SAN FRANCISCO (Reuters) – Shares of Snap Inc dropped 4.5 percent on Thursday and briefly touched its initial public offering price, highlighting investors’ loss of confidence in the social media company that faces fierce competition from Facebook.