News for hackers. Stuff that matters.

A comment on Snap Tumbles Below IPO Opening Price as Analysts Say Sell. Parent comment

Re:Snap Tumbles Below IPO Opening Price as Analysts Say Sell by bko on Tuesday March 07, 2017 @09:07AM (#13810369)
Just note that the stock price is down below first day close. The original owners sold at open price which was 17. The price is now ~24, so its up nearly 40% since initial open.
[ Parent | on HN ]
Re:Snap Tumbles Below IPO Opening Price as Analysts Say Sell by gettingreadyhn on Tuesday March 07, 2017 @09:32AM (#13810561)
some of the original owners might be "locked" and unable to sell for some time. if you say original investors - then that should be reported and available for public to see soon.
[ Parent | on HN ]
Re:Snap Tumbles Below IPO Opening Price as Analysts Say Sell by wayn3 on Tuesday March 07, 2017 @04:25PM (#13815054)
i believe that anyone who held significant stock prior to IPO is locked out of at least selling for a couple months - SEC probably has some regulations regarding that kind of thing.
[ Parent | on HN ]