Snap just went public - here's a behind-the-scenes look at what a typical IPO is like
Hollis Johnson
Snap Inc., the parent company of Snapchat, is debuting as a public company on Thursday in the biggest tech IPO in years.
There are a few exchanges in the US on which stocks are traded, and thus on which IPOs can take place.
The New York Stock Exchange is the largest and oldest of these exchanges, starting in 1792, and it sits in its iconic home on Wall Street.
In 2016, Business Insider got a backstage look at one of the IPO days through the eyes of Carolyn Saacke, the chief operating officer for NYSE's capital markets business. The capital markets business oversees all IPOs and maintains relationships with the firms that are already listed on the NYSE.
To give you a sense of what's happening on the floor, here's a behind-the-scenes look at the wild day of an IPO:
Next Story
I spent $2,000 for 7 nights in a 179-square-foot room on one of the world's largest cruise ships. Take a look inside my cabin.
Saudi Arabia wants China to help fund its struggling $500 billion Neom megaproject. Investors may not be too excited.
Colon cancer rates are rising in young people. If you have two symptoms you should get a colonoscopy, a GI oncologist says.
India's forex reserves sufficient to cover 11 months of projected imports
ITC plans to open more hotels overseas: CMD Sanjiv Puri
2024 LS polls pegged as costliest ever, expenditure may touch ₹1.35 lakh crore: Expert
10 Best things to do in India for tourists
19,000 school job losers likely to be eligible recruits: Bengal SSC
