Snap hasn't been taking any chances in preparing for the August 14 lock-up expiration for employee shares. "We would wait until the heavy lock up volume subsides to add to positions, likely sometime mid 3Q." "The negativity in the past few months around SNAP ahead of its lock up expiration is creating an opportunity in our view," Barclays wrote in a recent note to clients. Account icon An icon in the shape of a person's head and shoulders.
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