CNBC’s Jim Kramer said Monday that “we’re in some vock market” because chasing state-stock in general doesn’t mean selling in multiples of sales f-charts, but now the market rewards investors who do. . Kramer was in charge of nearly 50-fold sales and Zoom Video Communications at cloud company Snowflake, advising …
Read More »RBNB wants to raise about 3 3 billion in the IPO
Brian Chesky, CEO of RBNB. John Van Hasselt | Corbis | Getty Images Home rental company RBNB aims to raise about billion 1 billion in its next initial public offering, people familiar with the matter said on Friday, adding that the Kovid-1p epidemic had taken advantage of an unexpectedly rapid …
Read More »The IPO is like 1999: Snowflake and other cloud-software software stocks popping up market hitting dot-com-boom level
As the importance of cloud software has grown in the global epidemic, cloud-software software companies have become the most spectacular example of the dot-com-boom level of early public offerings – and beyond. Two cloud-based software software companies made their debuts on Cloud Street on Wednesday, virtually ringing bells on their …
Read More »The increase in Snowflake IPO makes it a pricey tech stock by a mile
Snowflake shares began trading on the New York Stock Exchange on Wednesday. NYSE Snowflake Inc. The record’s initial public offering gives the company an eye-popping appraisal that looks cheap to other obscure technology names by comparison. Snowflake share, + 111.60% The company rose 111.6% in Wednesday’s session after making the …
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