This past Wednesday, Sept. 16, cloud data giant Snowflake (NYSE: SNOW) made its debut. Early indications had the company pricing its IPO at a range of $75 to $80 a share, but Snowflake officially set its list price at $120. When the closing bell rang on the company's first day of trading, Snowflake's shares had risen nearly $134, or 112%, from its IPO price to close at just shy of $254. Read More...
Forget Snowflake: 3 Hypergrowth Stocks I’d Rather Buy
This past Wednesday, Sept. 16, cloud data giant Snowflake (NYSE: SNOW) made its debut. Early indications had the company pricing its IPO at a range of $75 to $80 a share, but Snowflake officially set its list price at $120. When the closing bell rang on the company’s first day of trading, Snowflake’s shares had risen nearly $134, or 112%, from its IPO price to close at just shy of $254.
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