Snap Inc. will make its debut as a publicly traded company on the New York Stock Exchange Thursday morning.
The parent company of Snapchat priced an initial public offering of 200 million shares at $17 apiece. That raised $3.4 billion for the company and some investors, and gives Snap a valuation of nearly $24 billion.
The stock is currently indicated to open at between $22 and $24 a share, according to price indications at 10:15 a.m. E.T.