Ghosts of past tech IPOs could haunt Snap’s performance

Electronics retailer hhgregg could file for bankruptcy next month: Bloomberg
February 24, 2017
ADM brokerage arm shifts more trades onto computer screens
February 24, 2017
This post was originally published on this site

(Reuters) – Snap Inc appears set to make a splash next week with the biggest tech stock debut since Facebook Inc, but history suggests investors shut out of the initial public offering would be better off waiting a bit to chase this unicorn on the open market.