Snap Slips Below IPO Price, Gets Downgraded by Morgan Stanley – Bloomberg

Snap Slips Below IPO Price, Gets Downgraded by Morgan Stanley – Bloomberg

Bloomberg

Snap Slips Below IPO Price, Gets Downgraded by Morgan Stanley
Bloomberg
Snap Inc. fell below its initial public offering price for the first time and was downgraded by Morgan Stanley amid concerns over competition from Instagram and the ability of Snapchat's parent to grow as fast as initially expected. The stock closed
Snapchat shares downgraded by Morgan Stanley, a rare rebuke by a firm that helped bring it publicCNBC


Snap Shares Drop After Downgrade From Lead Underwriter Morgan StanleyNew York Times
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