haven't seen a red day yet given the current price, that's good! hope no sharks waiting when they see some red.
Of course it went down... but "shortable" as a trade? Not really. IPO underwriters are forbidden by rule from lending out shares of the IPO stock within the first 30 days of trading. That means that firms such as Goldman Sachs, Morgan Stanley, Bank of America, JPMorgan Chase, Deutsche Bank, Barclays and Credit Suisse will not be able to lend their shares for the time being. http://blogs.wsj.com/moneybeat/2017/03/03/so-you-want-to-short-shares-of-snap/