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Tech Crunch reports: “Snap shares began trading more than 40% higher than its original IPO price this morning — opening at $24 per share — as the company made its debut as a publicly-traded company on the NYSE. After months of hand-wringing, Snap’s IPO has now set the stage for not just what people will be expecting for the future of its business. Snap’s performance this morning is also setting the stage for what investors and Wall Street will be looking for at tech IPOs moving forward this year. For the company, it was important to ensure that its shares see a healthy pop to set the tone moving forward — and ensure everyone makes money.”

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