Investors see Snap’s IPO as ‘too big to fail’

A banner for Snap Inc hangs on the facade of the New York Stock Exchange on the morning of the company’s IPO in US. Photo: Reuters/File Institutional investors anxious not to be left out of this year’s marquee initial public offering helped Snap Inc pull off the biggest US-listed technology share sale this week since Chinese e-commerce juggernaut Alibaba Group Holding Inc smashed records in 2014.

3 Real Estate Investments That Produce Good Returns

Editor’s Note: This was originally published on RISMedia’s blog, Housecall. See what else is cookin’ now at blog.rismedia.com : Since the early days of America’s Wild West when homesteaders competed in land lotteries, the allure of owning your own piece of property has never wavered.

US-based Fidelity marks down value of India’s e-commerce giant Flipkart

Jan 26 U.S.-based mutual fund Fidelity Rutland Square Trust II has marked down the value of its holding in Indian e-commerce firm Flipkart Online Services Pvt Ltd by around 36 percent. Fidelity, in a filing with the U.S. Securities and Exchange Commission dated Jan. 24, logged the price of its holding as $52.13 per share as of Nov. 30, from $81.55 at the end of August.

5 Ominous Signs for the Securities Industry

Donald Trump’s election win created a sunny day in the financial industry. The promise of deregulation has sent financial stocks up about 10 percent — almost double the gain in the Standard & Poor’s 500 Index — and related exchange-traded funds have attracted more than $11 billion in new money.