Lance Laifer Declares Ownership of 6% Stake in Snap Interactive Inc (STVI)
Lance Laifer revealed that they own a 6% stake in Snap Interactive Inc (NASDAQ:STVI) in a Form 13D disclosure that was filed with the Securities and Exchange Commission on Monday, October 17th. The investor owns 14,082,382 shares of the stock valued at about $2,812,252. The reporting parties listed on the disclosure included Lance Laifer, Laifer Capital Management, Inc and Hilltop Partners, LP. The filing is available through EDGAR at this hyperlink.
Shares of Snap Interactive Inc (NASDAQ:STVI) traded up 24.4237% during midday trading on Monday, reaching $0.1997. The company’s stock had a trading volume of 279,121 shares. Snap Interactive Inc has a 1-year low of $0.02 and a 1-year high of $0.20. The company’s 50-day moving average price is $0.15 and its 200 day moving average price is $0.15. The firm’s market capitalization is $8.33 million.
About Snap Interactive
Snap Interactive, Inc operates a portfolio of dating applications. The Company’s dating applications include FirstMet and The Grade. The Company provides an online dating application under the FirstMet brand that is native on Facebook, iPhone operating systems (iOS) and Android platforms, and is also accessible on mobile devices and desktops at FirstMet.com.
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