Join us for our Customer Intelligence Webinar on Oct 26, 2021 Register Now
Intellizence
  • Platform
    • NEWS SIGNALS
      • Company Intelligence
      • Industry Intelligence
    • DATASETS
      • Merger & Acquisition
      • Startup Funding
      • Business Expansion
      • Layoff
      • Major Hiring
  • API / DATA FEEDS
  • Solutions
    • Customer Intelligence
    • Sales Intelligence
    • Market Intelligence
    • Risk Intelligence
    • Competitive Intelligence
  • Insights
    • Companies
      • Companies Explorer
    • Research & Insights
      • Merger & Acquisition
      • Startup Funding
      • Product Launch
      • Layoff/Downsizing
      • Bankruptcy
      • Alliance & Partnership
      • Hiring
      • IPO
      • Data Security Breach
      • ESG & Diversity
      • Business Expansion
    • Trends
      • Coronavirus
      • Emerging Technologies
      • Macro Trends
  • Company
    • About Intellizence
    • Leadership Team
    • Advisory Board
    • Awards & Recognition
    • We Are Hiring!
    • In The News
    • Press Releases
  • Login
  • Start a Free Trial
Intellizence
  • Platform
    • NEWS SIGNALS
      • Company Intelligence
      • Industry Intelligence
    • DATASETS
      • Merger & Acquisition
      • Startup Funding
      • Business Expansion
      • Layoff
      • Major Hiring
  • API / DATA FEEDS
  • Solutions
    • Customer Intelligence
    • Sales Intelligence
    • Market Intelligence
    • Risk Intelligence
    • Competitive Intelligence
  • Insights
    • Companies
      • Companies Explorer
    • Research & Insights
      • Merger & Acquisition
      • Startup Funding
      • Product Launch
      • Layoff/Downsizing
      • Bankruptcy
      • Alliance & Partnership
      • Hiring
      • IPO
      • Data Security Breach
      • ESG & Diversity
      • Business Expansion
    • Trends
      • Coronavirus
      • Emerging Technologies
      • Macro Trends
  • Company
    • About Intellizence
    • Leadership Team
    • Advisory Board
    • Awards & Recognition
    • We Are Hiring!
    • In The News
    • Press Releases
  • Login
  • Start a Free Trial
Sep 17

Snowflake IPO Debut – Stock More than Doubles Making it the Largest Software Listing Ever

  • September 17, 2020
  • Business Signal Trends, IPO

Snowflake, a cloud data warehousing platform, backed by Salesforce (CRM) and Warren Buffett’s Berkshire Hathaway, began trading on 16th September on the New York Stock Exchange (NYSE). 

The stocks of Snowflake surged 112% at the end of closing. Initially priced at $120 a share, it finally wound up early Wednesday afternoon at $245 a share and climbed above $300, for a 150% gain, due to increased demand. The Snowflake IPO raised $3.4 billion, a record for a software IPO, so far.

At its closing price of just under $253. 93, Snowflake is valued at $70 billion, more than five times its valuation in February.

Warren Buffett’s Berkshire Hathaway and Salesforce each agreed to buy $250 million of stock at the IPO price in a private placement. Berkshire Hathaway also agreed to buy 4.04 million shares in a secondary transaction.

.

Please follow us on LinkedIn and Twitter to get regular update 

Interested in staying informed on the latest IPOs?

Intellizence is an award-winning AI-powered business signal intelligence platform, that helps you to discover sales and risk signals in target companies as well as stay informed about emerging industry trends and regulatory changes.

Talk to Us

  • Twitter
  • LinkedIn
  • E-Mail

Get Actionable Intelligence about your Target Companies & Industry Trends

chrom Identify Emerging Opportunities & Risks

chrom Make Better Decisions

chrom Grow & Stay Ahead

Schedule a Demo

Company

  • Team
  • Advisory Board
  • In the News
  • We are Hiring!

Resources

  • Blog
  • Guides
  • API Document
  • Intelligence Company Signals
  • Companies Explorer
  • Webinars
  • Newsletter
  • Case Studies

Others

  • Privacy Policy
  • Terms of Service

Contact Info

Intellizence

Address: 55 York Street, Suite 401, Toronto ON M5J 1R7
Phone: +1 (416) 887 4880
Email: info@intellizence.com

Copyrights © 2022 All Rights Reserved by Intellizence, Inc.

Share

Blogger
Delicious
Digg
Email
Facebook
Facebook messenger
Google
Hacker News
Line
LinkedIn
Mix
Odnoklassniki
PDF
Pinterest
Pocket
Print
Reddit
Renren
Short link
SMS
Skype
Telegram
Tumblr
Twitter
VKontakte
wechat
Weibo
WhatsApp
Xing
Yahoo! Mail
Powered by WP Socializer

Copy short link

Copy link
Powered by WP Socializer