UPDATEDBrian Baxter, The Recorder
Snap This—Cooley Snags Nearly $2M in Snapchat IPO Fees
Shares of Snap Inc., the parent company of photo-sharing and ephemeral messaging service Snapchat, surged in their market debut Thursday. Cooley has taken the lead for the company on its initial public offering, one that values the company at $33 billion. The firm holds shares now worth some $11.7 million.