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Snapchat Debut in Stock market saw Shares Jump to 40%

Snapchat Debut in Stock market saw Shares Jump to 40%

The company behind the popular messaging app Snapchat saw its shares spike on its first day of trading, after an initial public offering that itself earned more than anticipated. Snap Inc. passed its first major test on Wall Street on Wednesday as it priced its initial public offering of 200 million shares at $17 US each. […]

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US Stocks Dive As Oil Price Falls Back Below $30 A Barrel

US Stocks Dive As Oil Price Falls Back Below $30 A Barrel

The losses wiped out the gains recorded on Thursday, when a small rebound in the oil price had sparked a recovery. The Dow Jones Industrial Average was down 356.86 points, or 2.2%, at 16,022.19. The S&P 500 index dropped 39.04 points, or 2%, to 1,882.80, while the Nasdaq index shed 100.82 points, or 2.2%, to […]

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