It’s one of the hottest tech companies to float on the US stock market in years.
Snap Inc, the company behind the smartphone app Snapchat, raised $3.4 billion in its market debut.
However, there are concerns as some analysts say the company is overvalued.
Al Jazeera’s Gabriel Elizondo reports from New York City.
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In This Story: United States
The United States is a country also known as the United States of America, USA, US or just America. There are fifty states in the union, which is a federal republic ruled by a representative democracy. Nearly ten million square kilometres are inhabited by over 300 million people. The majority of Americans speak English.