Messaging service’s stock opens at $38.50 on the New York Stock Exchange, above reference price of $26
From Uber to Lyft to Airbnb, it's the year of the tech initial public offering. Jonathan DeYoe, a Bay Area financial adviser to some of the new IPO millionaires, explains how many of his clients acquired so much stock and what he suggests they do with their new riches. Illustration: Timothy Wong for The Wall Street Journal.
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