Snap Inc opens at $24 after pricing at $17 per share
NEW YORK, March 2 (Reuters) - Snap Inc shares opened for trading on Thursday at $24 on the New York Stock Exchange after pricing on Wednesday at $17 per share.
Snap's initial public offering was oversubscribed more than 10 times, indicating a hunger for the shares that was expected to produce a pop on the first day of trading.
The shares recently traded up 45.1 percent at $24.67. (Reporting by Rodrigo Campos; Editing by Meredith Mazzilli)