Snap Shares Bounce Back After Sinking to IPO Price
Snap Inc. sank to exactly $17 Thursday, matching the price from its March initial public offering. Then the company, owner of the Snapchat photo-sharing app, bounced higher amid the stock’s busiest minute for trading since the morning. Readers can decide whether someone was supporting Snap to avoid the embarrassment of falling below that key level.
Leaked Footage Shows Australian PM Mocking Donald Trump
Australian Prime Minister Malcolm Turnbull risks a fresh rift with Donald Trump after leaked footage showed him parodying the president and alluding to a U.S. probe into election campaign links with Russia.
In a closed-door speech Wednesday night to journalists and lawmakers at Australia’s equivalent of the White House correspondents dinner, Turnbull imitated Trump speaking about online opinion polls: “They are so easy to win. I have this Russian guy...believe me, it’s true, it’s true.”
Read more
follow @paceta