Snapchat Parent Rockets Higher in Wall Street Debut
The company behind Snapchat is trading sharply higher in its Wall Street debut. Snap Inc. jumped $7, or 41 percent, to $24 a share. It had priced its initial public offering of 200 million non-voting shares at $17 each on Wednesday. That's above the expected range of $14 to $16. Snap's IPO is one of the most anticipated for a technology company...