Groups to rebound in countries like yemen and pakistan. Global news. 24 hours a day. Powered by more than 2600 journalists and analysts in more than 120 countries. This is bloomberg. Technology is next. Caroline this is bloomberg technology. Coming up, snap, the big picture. Well get you up to speed on the trading day debut as a acid in the first ipo of the year. Plus, early believers, the first two they on snapchat. You hear from the partner. And the 5 billion club. How the monster ipo changed the fortune of the snap founders. First to our lead. Snap wraps up its first day of trading with shares closing up 44 from the listing price. They reached a high of over 26. The maker of the app and it a long tech ipo drought. What will be in the pipeline for other companies . Two people are joining us. How do they manage expectations. Much . A little bit too guest a typical ipo you would like to see 20 30 . This will have a little bit more buys baked in. If you look at twitter it was 70 or more
Groups to rebound in countries like yemen and pakistan. Global news. 24 hours a day. Powered by more than 2600 journalists and analysts in more than 120 countries. This is bloomberg. Technology is next. Caroline this is bloomberg technology. Coming up, snap, the big picture. Well get you up to speed on the trading day debut as a acid in the first ipo of the year. Plus, early believers, the first two they on snapchat. You hear from the partner. And the 5 billion club. How the monster ipo changed the fortune of the snap founders. First to our lead. Snap wraps up its first day of trading with shares closing up 44 from the listing price. They reached a high of over 26. The maker of the app and it a long tech ipo drought. What will be in the pipeline for other companies . Two people are joining us. How do they manage expectations. Much . A little bit too guest a typical ipo you would like to see 20 30 . This will have a little bit more buys baked in. If you look at twitter it was 70 or more
First to our lead. Snap wrapped up its first day of trading thursday. Shares closed up 44 from its listing price. It reached a high of just over 24. 28. Fore closing at the maker of the disappearing photo app ended a long tech ipo drought. We caught up with our Bloomberg Technology reporter alex barinka and sarah frier, who covers snap. If you think about the range, typical ipo, 20 to 30 . This one will have more buzz baked in. If you look at twitter, it was, what . 70plus percent on day one . Facebook less than 1 . When i look at trading and how the stock was around that 25 mark all day, it was stable. We saw it selloff towards the end of the day, but it seemed like a decent way to go out. No one is complaining about the ipo for investors. It has almost tripled its ipo value, facebook down 31 after one year. Twitter, down 10 , now down 65 . Talk us through the managing of expectation. The roadshow was not all smooth. Many questioning the user growth. Absolutely. This is a company tryi
First to our lead. Snap wrapped up its first day of trading thursday. Shares closed up 44 from its listing price. It reached a high of just over 24. 28. Fore closing at the maker of the disappearing photo app ended a long tech ipo drought. We caught up with our Bloomberg Technology reporter alex barinka and sarah frier, who covers snap. If you think about the range, typical ipo, 20 to 30 . This one will have more buzz baked in. If you look at twitter, it was, what . 70plus percent on day one . Facebook less than 1 . When i look at trading and how the stock was around that 25 mark all day, it was stable. We saw it selloff towards the end of the day, but it seemed like a decent way to go out. No one is complaining about the ipo for investors. It has almost tripled its ipo value, facebook down 31 after one year. Twitter, down 10 , now down 65 . Talk us through the managing of expectation. The roadshow was not all smooth. Many questioning the user growth. Absolutely. This is a company tryi
First, snap wrapped up its first day of trading thursday. Shares closed up 44 from its listing price. It reached a high of just over 26. It closed at 24. 48. The maker of the disappearing photo app ended a long tech ipo drought. We caught up with Bloomberg Ipo reporter alex barinka and sarah frier. If you think about the range, a typical ipo you like to see 20 to 30 . This one will have more buzz baked in. Twitter was 70 percent plus on day one. Facebook less than 1 . When i look at trading and how the stock was around that 25 mark all day, it was stable. There was not a lot of swinging going on. We saw it selloff towards the end of the day, but it seemed like a decent way to go out. No one is complaining about the return for investors. If you look at the ipo scoreboard, facebook now almost triple its ipo value. Twitter, down 10 , now down 65 . It is worth remembering that what happens on the first day of an ipo is not always remain. Talk us through the managing expectations. The roads