Facebook (FB), Twitter (TWTR) on Watch Into Snap (SNAP) IPO Pricing; Some See as 'Source of Funds'
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Shares of Facebook (NASDAQ: FB) and Twitter (NYSE: TWTR) are on watch into tonight's pricing and tomorrow's open of the highly-anticipated Snap (NYSE: SNAP) IPO. There is some suggestion that the two could be used as a "source of funds" to buy into Snap.
FB is up 1.3% and TWTR is down 0.3% in late-afternoon trade.
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