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
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 !