You are here

Snapping up Snap? Mutual funds beat you to it

Two dozen funds have held pieces of image messaging service going back at least to June: Morningstar study

snapinc.jpg
Snap acquired loads of new investors when it went public last month, including people who own mutual funds that bought shares. But while the stock had just been listed for trading, those new owners were not the first fund investors with a stake in the image messaging service.

New York

SNAP acquired loads of new investors when it went public last month, including people who own mutual funds that bought shares. But while the stock had just been listed for trading, those new owners were not the first fund investors with a stake in the image messaging service.

sentifi.com

Market voices on:

Powered by GET.comGetCom