Snowflake shares more than double in U.S. debut, valuation crosses $80 billion

Snowflake shares more than double in U.S. debut, valuation crosses $80 billion

3 years ago
Anonymous $rxtAWepgzY

https://www.reuters.com/article/us-snowflake-ipo/snowflake-shares-more-than-double-in-u-s-debut-valuation-crosses-80-billion-idUSKBN2672VA

Sequoia-backed Snowflake Inc's shares more than doubled in value in a volatile debut on the New York Stock Exchange, after the cloud-based data warehouse company raised $3.36 billion in the largest U.S. IPO so far in 2020.