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Sask Métis News – Snowflake prices IPO at $120 a share – Fox Business


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Sask Métis News – Snowflake prices IPO at $120 a share – Fox Business

Silicon Valley darling Snowflake Inc. priced its initial public offering above its expected range on Tuesday, joining a frenzied IPO market as the biggest technology issue so far this year. The IPO priced at $120 a share, a person familiar with the matter said. The price was driven above Snowflake’s target range of $100 to…

Sask Métis News – Snowflake prices IPO at $120 a share – Fox Business

Sask Métis News –

Silicon Valley darling Snowflake Inc. priced its initial public offering above its expected vary on Tuesday, becoming a member of a frenzied IPO market as the ideal skills discipline up to now this three hundred and sixty five days.

The IPO priced at $120 a portion, an particular particular person accustomed to the subject said. The brand used to be pushed above Snowflake’s target vary of $100 to $110 by traders hungry for a portion of the fast-rising company, which offers corporations cloud-based entirely mostly recordsdata administration.

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