Snapchat IPO: $24bn app jumps as much as 40pc in blockbuster tech float – and makes 26-year-old founder Evan Spiegel worth $5bn
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Snapchat IPO: $24bn app jumps as much as 40pc in blockbuster tech float – and makes 26-year-old founder Evan Spiegel worth $5bn

[By: James Titcomb] Snap, the parent company of Snapchat, has floated¬†on the New York Stock Exchange in one of the biggest tech listing in years. The company has raised $3.4bn at $17 a share after pricing its initial public offering (IPO) last night. This makes it the biggest tech float since 2014, when Alibaba shattered…