Snowflake’s $3.36 billion initial public offering is a record for a software company and the biggest in the U.S. this year. Its share price soared as much as 166% Wednesday, minting fortunes inside the company and across Silicon Valley.
WATCH: Snowflake CEO Frank Slootman discusses the first day of trading on the NYSE.
(Source: Bloomberg)
Shares of the cloud-data software maker opened at $245 -- more than double its IPO price -- in New York trading. That 104% gain at the opening bell was the third-highest such pop for an IPO of $1 ...