The shares of the owner of Snapchat at the first after an ipo auction took off by 45%

Snap shares owning the Snapchat messenger, at the beginning of the bidding on March 2 - the first after an IPO - increased by 45%. By 19:25 Moscow time, the cost of securities SNAP rose to $ 24.6 per share.

As part of the initial placement of Snap paper, $ 17 were estimated. As a result, the cost of the entire company was estimated at $ 24 billion.

As a result, the IPO Snap has become the largest in the United States since 2014, when Alibaba entered the exchange and attracted a record $ 25 billion, Marketwatch notes . According to CNBC sources, the book of applications for SNAP shares was re -signed 12 times.

Snapchat messenger was launched in 2011. It allows users to exchange photos and pictures that disappear after viewing. The number of active Snapchat users is 158 million per day.