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Snapchat makes its Wall Street debut

NEW YORK (CNNMoney) -- An app once thought to be for little more than sexting is about to become the biggest new publicly traded tech company in years.

Snap, the parent company of Snapchat, will begin trading on the New York Stock Exchange Thursday amid strong investor demand -- but more than a few doubts about its business.

The company priced its initial public offering at $17 a share Wednesday, above its previously proposed range of $14 to $16 a share. At that price, Snap has a m

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