Snap

Snapchat feels the pain of the Jenner Effect

Earlier this month Snap wowed the world with some decent financial results, boosting shares by 25%, but negative feedback on its interface redesign and a damning tweet from Kylie Jenner have had the opposite effect.

Snap hype cools off as bubble bursts for now

The Snap IPO caught a few people off guard as prices surged to $24 after the first day of trading, but as the price declines, late comers to the party are looking a little bit screwed.

Snap IPO crackles and pops

Snap finished its first day of trading with share prices increasing 44% on the initial $17, finishing at $24 with a market capitalization roughly $33 billion.

The Snapchat speculative bubble – an infographic

Snap’s most recent filing with the Securities and Exchange Commission, the team are chasing after an IPO which would value the business at $18.5 billion, less than half of its initial ambitions.

Polls

Following comments from the European Data Protection Supervisor, do you feel the internet giants are taking advantage of the digital economy?

Loading ... Loading ...