The Ratings Game: Snap roars 28% higher to record $50 billion valuation, brings Twitter and Facebook along for the ride

Snap Inc. shares jumped nearly 30% Wednesday and hit all-time highs that pushed the Snapchat parent company’s valuation to more than $50 billion for the first time.

Snap Inc. shares jumped nearly 30% Wednesday and hit all-time highs that pushed the Snapchat parent company’s valuation to more than $50 billion for the first time.