1 Year of Snapchat IPO: Frenzy fades as shares up by $1 since going public
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- Category : Snapchat
The Venice, California-based company's Snapchat social media app's popularity with young people was viewed as a major threat to industry leader Facebook (FB. O). Major investors included T. Rowe Price Group and Fidelity Investments. But Snap's pace of user expansion over the past year has failed …