|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||16.13 - 16.74|
|52 Week Range||11.28 - 24.40|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||15.60|
Chrissy Teigen, an American model who became an even more popular celebrity through her prolific and often humorous use of social media, just dealt Snapchat a blow. Standing in solidarity with R&B singer Rihanna, whose criticism of the social media app led to a hit on the company’s stock, Teigan said: “I stopped using snap.…
Supermodel Chrissy Teigen is quitting Snapchat, becoming the latest in a rash of celebrities to speak out against the embattled social media platform.
The stock opened at $29 on the Nasdaq and soared as much as 50 percent to a high of $31.60 in early trading. At the stock's opening price, Dropbox had a market valuation of $12.67 billion (£9 billion), well above the $10 billion valuation it had in its last private funding round. The S&P 500 slid 1.8 percent while Nasdaq dropped 2.4 percent, adding to losses of more than 2 percent each on Thursday.
Interested in buying the next "hot" IPO stock like Dropbox? Learn these lessons from the initial public offerings for Facebook, Alibaba, Square and Snap first.
When Facebook (FB) launched its lightweight Facebook Lite app in 2015, the focus was on developing markets, where it wanted to lift the constraints faced by its users. The goal of the stripped-down app was to give Facebook users in developing countries a product that consumed less data and less battery energy and loaded quickly on slow networks and low-spec phones.
All the significant cryptocurrencies once again witnessed a down day on March 22, 2018, following the same trend in the equities market. Bitcoin was trading at $8,546, down almost 4% in the past 24 hours. Bitcoin’s RSI (relative strength index) has fallen to 42, and its volatility is ~75.1%.
CNBC is launching the Disruptor 50 Roadshow, a series of events across the country to educate entrepreneurs and investors on start-up success. The first will take place in LA on May 23.