The biggest IPO ever took place at 19th September 2014 with BABA at $25B
Today we had IPO of SNAP at close $24B
Shares of Snap SNAP, +46.76% opened at $24, above the company’s $17 issue price. Snap sold 200 million shares to raise $3.4 billion, making it the largest U.S. initial public offering since Alibaba Group Holding Ltd.’s BABA, offering in 2014. The IPO price commanded an initial market capitalization of $19.7 billion, though that valuation rises to roughly $24 billion on a fully diluted basis. Both figures are above Snap’s last reported private market valuation of $17.8 billion. The stock was trading 51% above its IPO price in the session.
Do we get 10% correction again ? TARGET : 2160
Good Luck !
Today we had IPO of SNAP at close $24B
Shares of Snap SNAP, +46.76% opened at $24, above the company’s $17 issue price. Snap sold 200 million shares to raise $3.4 billion, making it the largest U.S. initial public offering since Alibaba Group Holding Ltd.’s BABA, offering in 2014. The IPO price commanded an initial market capitalization of $19.7 billion, though that valuation rises to roughly $24 billion on a fully diluted basis. Both figures are above Snap’s last reported private market valuation of $17.8 billion. The stock was trading 51% above its IPO price in the session.
Do we get 10% correction again ? TARGET : 2160
Good Luck !
Trade active
Happy Anniversary US !!! it's been 8 years already ...09/03/2017
Trade active
If you were patient enough you can finaly relax , set SL at high of weekly candle and see what the risk free trade will bring ...Trade closed: stop reached
SL above 2382 was hit ... but stay tuned !
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.