Tepper Bought Into Snap (SNAP) IPO

March 8, 2017 8:38 AM UTC

(Updated - March 8, 2017 8:41 AM EST)

On CNBC, David Tepper said they bought the Snap (NYSE: SNAP) IPO. Likes company and story. He was allocated shares at $17 IPO price but sold some in the 'high-$20s'.

Would add if stock got back to around offering price. If shares went to $30 they would own zero shares.



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