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Product Snapshot: Commerzbank Snaps warrants market in Europe

Tiago Fernandes, 15 March 2017

Before the dotcom bubble burst, initial public offerings (IPO) were a daily event, with 371 in 1999, but only 20 in the US in 2016. But now there is Snap, an American multinational technology and social media company, known by the image messaging application Snapchat, which raised $3.4bn by selling 200 million new shares on March 1.

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