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Tag: snowflake

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Third Point Reveals New Stake In Snowflake

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From Zero Hedge: With both old and new Wall Street flooding into the recently IPOed cloud darling Snowflake, which among other investors also sported none other than Berkshire Hathaway (although in light of Warren Buffet’s aversion to IPOs, it has been widely speculated that Berkshire’s $250MM investment in SNOW was the work of Buffett’s two[…]

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SNOW Flakes After Record Software IPO

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From Zero Hedge: Update (1300ET): After soaring from its post-IPO open at $245 to $319, SNOW has erased all its post-open gains and is back below $245… *  *  * The much-hyped IPO of the aptly-named ‘Snowflake’ is about to make many of America’s richest even richer-erer. It sold 28 million shares Tuesday for $120 apiece, above[…]