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Snap IPO Expected to Price March 1 After Market Close

Snapchat AP FBN

The initial public offering of Snap Inc, owner of the popular messaging app Snapchat, is expected to price March 1 after the market closes, Fidelity Investments told brokerage clients on Friday.

The expected size of the IPO is 200 million shares priced between $14 a share and $16 a share, according to an alert from Fidelity.