Snowflake shares set to open at nearly double their IPO price - Reuters

9:27am PDT - September 16th, 2020    snowflake stock - Reuters

Sequoia-backed Snowflake Inc's shares were indicated to nearly double in value in their debut on the New York Stock Exchange on Wednesday, after the cloud-based data warehouse company raised $3.36 billion in the largest U.S. IPO so far in 2020.