15 things to expect from Snapchat IPO
There are many people in the world that would have used Snapchat in some point of his life. Even if anyone would not have used the Snapchat, he must have heard of it. So, what is Snapchat IPO? Before answering that question let’s understand what is, Snapchat. Snapchat is image messaging application developed the company known as Snap Inc. This app also supports other services like chat, messaging along with image sharing. There are other cool features in this which was introduced much later like the video chatting and my story feature. This app is available on both android and iOS platform. IPO stands for Initial Public Offering. This is one type of public offering in which any company sells its share to investors. This means that you can buy a piece of Snapchat!! This is just a way to transform a privately held company into the public company. Snapchat also organised such IPO on March 2. The market is expected to remain open from 9:30 am to 4 pm. There are many other tech companies that decided to debut on NYSE or Nasdaq.