Snap, the parent company of social media app Snapchat debuted on Wall Street a little over a month ago and the results continue to be underwhelming.
The planned stock market listing of Chinese e-commerce giant Alibaba in New York is a landmark deal for several reasons.
Shares in the 140-character social network Twitter jumped 80% before falling back slightly to $46.10 each in the first few minutes of trading on the New York Stock Exchange (NYSE).
Royal Mail shares rose by more than a third to 456p at the start of open trading on the London Stock Exchange, fuelling fears that the company was sold too cheaply.
Twitter, everyone’s favourite 140 character messaging service, is planning an IPO and has filed an S-1 form with the US Securities and Exchange Commission (SEC) to begin that process according to a tweet from the company yesterday