Snap, headquartered in Santa Monica, California, employs 5,289 people and went public on March 2, 2017. Its main product, Snapchat, is a visual messaging app that includes subscription features and various advertising options.
Michael Lynton sold 102,670 shares of SNAP on 7 March at $17.00 per share, worth a total of $1.7M. They now own 190,670 SNAP shares, or a 35% holding decrease.
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