Buffett-backed Snowflake’s value doubles in stock market’s largest software debut

Buffett-backed Snowflake’s value doubles in stock market’s largest software debut

Snowflake Inc’s shares more than doubled in their New York Stock Exchange debut on Wednesday, a day after the Warren Buffett-backed data warehouse company raised more than $3 billion in the largest U.S. listing of the year thus far. Snowflake’s spectacular market debut reflects the hearty appetite for new stocks, as low interest rates drive … Read more