Snap Inc. Rings NYSE Opening Bell, Stock Price Jumps to $24 Per Share

Executives from Snap Inc. (NYSE: SNAP) parent company of video app Snapchat, rang the opening bell on the New York Stock Exchange Thursday, to commemorate their first day of trading. Evan Spiegel, CEO and Co-Founder and Bobby Murphy, Co-Founder, represented the company at the 9:30 stock market opening.

Snap’s initial public offering of 200 million shares of Class A common stock started at a price to the public of $17 per share, for a total offering size of $3.4 billion. Trading for the company, that has 100 million daily users, opened at $24 per share at 11:20 AM Eastern Standard Time .

Morgan Stanley, Goldman, Sachs & Co., J.P. Morgan, Deutsche Bank Securities, Barclays, Credit Suisse and Allen & Company LLC are acting as book-running managers for Snap’s IPO.

Monica Link

Monica Link

Monica Link, Publisher and Editor for New York City Wired, is a New York City-based multi-media journalist, entrepreneur and performer producing media including content, stage, film and events. Her resume includes interviews with celebrities, New York Times bestsellers, executives and fashion designers. Ms. Link is the founder of Link4Productions Media and Entertainment. The production company has produced sold out events with thousands of attendees, live theater written and produced by Monica Link, and technology and fashion media websites New York City Wired and Snobby Diva. Her performance credits include singing soprano with a Stellar Award nominated choir and theater stage actress. Monica also writes and serves as on on-air journalist. Her media writing and on-air work include Bold TV, National Mortgage News, Tribes art reviews, and the New York Observer.