February 17, 2017 / 6:15 PM / 9 months ago

Snapchat IPO expected to price March 1 after market closes

(Reuters) - The initial public offering of Snap Inc, owner of the popular messaging app Snapchat, is expected to price March 1 after the market closes, Fidelity Investments told brokerage clients on Friday.

The logo of messaging app Snapchat is seen at a booth at TechFair LA, a technology job fair, in Los Angeles, California, U.S., January 26, 2017. REUTERS/Lucy Nicholson

The expected size of the IPO is 200 million shares priced between $14 a share and $16 a share, according to an alert from Fidelity.

Reporting By Tim McLaughlin, Editing by Franklin Paul

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