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Snapchat stock finishes up 44% on first day

Snap, the parent organization of Snapchat, had an awesome day in its presentation on the New York Stock Exchange. Subsequent to evaluating the IPO at $17 per share yesterday, the stock opened at $24. It then shut the day at $24.48, a 44 percent premium to the general population who got it yesterday. In any case, as with all IPOs, not everyone got the opportunity to get to Snap’s IPO