Dear readers, Snap Inc, the company behind Snapchat saw its stock (NYSE: SNAP) headed south by 14.09% on Friday 11 Aug 2017 to reach a close of USD 11.83. Compare this price with its IPO price of USD 17 and we can see that this current price is really a 30% discount off its IPO price. SNAP even traded at a high of around USD 27 before. I could still remember reading that there was some kind of excitement over this tech stock when it debut on IPO but now we know that this IPO might have really snapped if its price does not go back north. In Singapore, I still could recall Hutchison Port Holdings IPO had its debut in year 2011 at USD 1.01 amidst excitement at the mega size of its IPO. Look at Hutchison Port Holding Trust price now: the price is at ......