Snap CEO Evan Spiegel sold $50 million in Snap stock -- his first sale since the IPO (SNAP)

Getty Snap CEO Evan Spiegel sold $50 million in Snap stock. It's his first stock sale since Snap's IPO. Snap CEO Evan Spiegel sold2,675,600 shares of Snap last week at a price of $18.71 per share, a transaction netting him just over $50 million. The transaction was disclosed in a filing with the SEC, which you can read here.See the rest of the story at Business Insider NOW WATCH: I've used the iPhone for 10 years and these are my favorite tips and tricks See Also: 11 things unsuccessful people d...