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Snap shares dive for second straight day

During its first two days of trading, starting last Thursday, shares of Snap jumped 59%. On Monday, the selloff began, with Snap closing down 12%.

In Tuesday trading, shares of Snap were down 9.8%, to close at $21.44.

Shares of Snap were initially priced at $17 per share before vaulting to $24 when trading opened on Thursday.



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