They don't want to admit to Main Street that market manipulation by the underwriters is not only legal but encouraged during an IPO.
Snap gets its first buy recommendation. Wonder how long that guy will keep his job. https://www.fool.com/investing/2017/03/20/snap-wins-its-first-buy-rating.aspx
SNAP is still on the ground of decline. Looks like it's a bad idea to expect some bounce in the nearest time.