In a much-anticipated public debut, Snowflake (NYSE: SNOW) managed to record one of the most successful initial public offerings (IPO) lately by raising $3.36 billion. Biggest U.S. IPO in 2020 Snowflake, the cloud-data firm, managed to perform better-than-expected in its IPO after it was valued above the target range. As a result, the software company saw its public debut become the largest U.S. listing this year, beating Royalty Pharma’s IPO. Similarly, this marks the biggest ever software-focused IPO. Prior to the IPO, Snowflake was priced at $120 per share, vaulting the firm at $30 billion. Initially, the California-based company was
Full ArticleWarren Buffett earned $800 million in a day by investing in this stock
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