Snapchat stock touches all-time low to hit its IPO price
Snapchat stock hit an all-time low on Thursday as it briefly touched $17 per share, which was the company's IPO price. The company's stock has dropped 30% in value since it closed at $24.48 on its first full day of trading. This comes amid sell-off of major tech stocks, with Facebook shares having fallen nearly 2.6% in a week. 