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Traders work on the floor during the Snap Inc. IPO at the New York Stock Exchange, March 2, 2017, in New York. Snapchat surged in its debut trade Thursday, jumping more than 40 percent from the level set in the initial public offering Wednesday night. / AFP PHOTO / Bryan R. Smith (Photo credit should read BRYAN R. SMITH/AFP/Getty Images)

Traders work on the floor during the Snap Inc. IPO at the New York Stock Exchange, March 2, 2017, in New York.
Snapchat surged in its debut trade Thursday, jumping more than 40 percent from the level set in the initial public offering Wednesday night. / AFP PHOTO / Bryan R. Smith        (Photo credit should read BRYAN R. SMITH/AFP/Getty Images)