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After August 14th 1B Snap shares can flood market, only 200M traded today
- propman 9y agohttps://www.reuters.com/article/us-snap-stock-idUSKBN1AD1B5 https://www.reuters.com/article/us-snap-stock-idUSKBN1AD1B5 Explains this as well, 782 million shares from employees but 400 million from Evan and cofounder and 400 million from early investors. I assume employees would sell quite a bit, estimates are there will be over twice the amount of Shares currently being traded. Investors can trade on Monday, employees on the 14th