Initial public offerings

FILE - In this March 2, 2017, file photo, a banner for Snap Inc. hangs from the front of the New York Stock Exchange, in New York. Snap’s stock may be heading for an opening below its first day closing price for the first time as people try to determine the tech company’s worth. Shares are down more than 3 percent to $23.00 in premarket trading on Tuesday, March 7. (AP Photo/Mark Lennihan)
March 07, 2017 - 10:47 am
NEWARK, N.J. (AP) — Anyone wanting to invest in the company that owns Snapchat now has an opportunity to do something that early investors were unable to do: buy shares for less than they cost on the first day of trading three days ago. After tumbling 12 percent Monday, shares of Snap Inc. fell...
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Students walk between buildings at St. Francis High School Friday, March 3, 2017, in Mountain View, Calif. The red-hot IPO debut of vanishing-photo superstar Snap this week not only placed the Southern California startup at a $35 billion value. It also made Mountain View, Calif.'s Saint Francis high school $23 million richer. The Catholic school had invested $15,000 in Snap's early round of funding way back in 2012. By the time shares in Snap had finished trading Thursday afternoon, that pittance had turned into a big fat pile of shareholder value. (AP Photo/Marcio Jose Sanchez)
March 03, 2017 - 9:11 pm
MOUNTAIN VIEW, Calif. (AP) — Bake sales and car washes? Not for one Silicon Valley parochial high school that hit it big this week and, by doing so, highlighted anew gaping economic disparities in the region. St. Francis High School in Mountain View parlayed a $15,000 investment in the company that...
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Students walk between buildings at St. Francis High School Friday, March 3, 2017, in Mountain View, Calif. The red-hot IPO debut of vanishing-photo superstar Snap this week not only placed the Southern California startup at a $35 billion value. It also made Mountain View, Calif.'s Saint Francis high school $23 million richer. The Catholic school had invested $15,000 in Snap's early round of funding way back in 2012. By the time shares in Snap had finished trading Thursday afternoon, that pittance had turned into a big fat pile of shareholder value. (AP Photo/Marcio Jose Sanchez)
March 03, 2017 - 8:27 pm
MOUNTAIN VIEW, Calif. (AP) — Bake sales and car washes? Not for one Silicon Valley parochial high school that hit it big this week and, by doing so, highlighted anew gaping economic disparities in the region. St. Francis High School in Mountain View parlayed a $15,000 investment in the company that...
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A banner for Snap Inc. hangs from the front of the New York Stock Exchange, Thursday, March 2, 2017, in New York. The company behind the popular messaging app Snapchat is expected to start trading Thursday after a better-than-expected stock offering. (AP Photo/Mark Lennihan)
March 03, 2017 - 12:51 pm
SAN FRANCISCO (AP) — The Latest on a California high school making millions from the initial public offering of shares in Snap Inc. (all times local): 9:45 a.m. The venture capitalist who helped a California private Catholic high school earn millions from an initial public offering of shares in...
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March 03, 2017 - 6:00 am
ATTORNEY GENERAL-RUSSIA-SESSIONS Sessions recuses himself from Russia probe WASHINGTON (AP) — Attorney General Jeff Sessions has agreed to recuse himself from any investigation into Russian meddling in America's 2016 presidential election. Sessions' announcement came Thursday following criticism...
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Snapchat co-founders Bobby Murphy, left, and CEO Evan Spiegel ring the opening bell at the New York Stock Exchange as the company celebrates its IPO, Thursday, March 2, 2017. (AP Photo/Richard Drew)
March 02, 2017 - 5:03 pm
NEW YORK (AP) — The company behind Snapchat closed on a high note in its Wall Street debut, proof, at least for a day, that there's investor demand for young but still unproven tech companies. Shares of Snap Inc. jumped $7.58, or 44 percent, to close at $24.48 on Thursday. The company had priced...
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Snapchat co-founders Bobby Murphy, left, and CEO Evan Spiegel ring the opening bell at the New York Stock Exchange as the company celebrates its IPO, Thursday, March 2, 2017. (AP Photo/Richard Drew)
March 02, 2017 - 4:55 pm
NEW YORK (AP) — The company behind Snapchat closed on a high note in its Wall Street debut, proof, at least for a day, that there's investor demand for young but still unproven tech companies. Shares of Snap Inc. jumped $7.58, or 44 percent, to close at $24.48 on Thursday. The company had priced...
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