Snowflake’s Stock Debuts At Double Initial IPO | PYMNTS.com



Share Tweet Share Share Share Print Email Shares of Snowflake Inc. more than doubled on their first day of trading Wednesday (Sept. 16) as banks and investors embrace cloud-based payment solutions amid COVID-19.Snowflake closed at $253.93 on the New York Stock Exchange, up 111.6 percent from the $120 that the company’s initial public offering had been priced at. The stock even traded as high as $319 earlier in the session before partly pulling back.At those prices, the cloud-based… Snowflake’s Stock Debuts At Double Initial IPO | PYMNTS.com