Snap stock dips before the open after CEO Evan Spiegel files to sell 1.26 million shares
Snap shares slipped 0.3% in premarket trading Wednesday after a Form 144 filing showed CEO Evan Spiegel plans to sell about $10 million in stock through a trust. The notice, tied to a pre-arranged 10b5-1 plan, landed as trading volume remains thin and the stock sits 39% below its 52-week high.