Thursday, 17 Sep 2020 07:03 AM MYT
Snowflake’s spectacular market debut reflects the hearty appetite for new stocks, as low interest rates drive investors into equities. “This is just one day. Things will normalise and shake out and become more settled as time moves on,” Snowflake Chief Executive Frank Slootman said in an interview. It is likely to reignite the debate among venture capital investors, including Benchmark’s Bill Gurley, who argue investments banks underprice IPOs so their investor clients can score large gains when the stock starts trading.
Prior to the IPO, Buffett’s Berkshire Hathaway Inc and Salesforce Ventures LLC had each agreed with Snowflake to purchase US$250 million worth of stock.
Мы обобщили эту новость, чтобы вы могли ее быстро прочитать.Если новость вам интересна, вы можете прочитать полный текст здесь Прочитайте больше:
Россия Последние новости, Россия Последние новости
Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей
European stocks flat as focus shifts to central bank meetings, H&M surges | Malay MailLONDON, Sept 15 — European stocks struggled for direction today, with banking shares declining ahead of the US and UK central bank meetings this week, while Sweden’s H&M surged after reporting a better-than-expected profit. Shares in the world’s second-biggest fashion retailer jumped 12.0...
Источник: malaymail - 🏆 1. / 86 Прочитайте больше »
Asian stocks gain as upbeat China data lifts mood | Malay MailSINGAPORE, Sept 15 — Asian equities advanced today and the dollar slipped, with investor sentiment supported by Chinese data and optimism about Covid-19 vaccines. MSCI’s broadest index of Asia-Pacific shares outside Japan rose 0.5 per cent, for a fourth straight day of gains, up nearly 3 per...
Источник: malaymail - 🏆 1. / 86 Прочитайте больше »
Asian stocks cheer upbeat data but temper appetite ahead of Fed | Malay MailSHANGHAI, Sept 16 — Most Asian shares rose today, extending a rally driven by upbeat Chinese and US economic data, but the US dollar, US yields and gold held steady as investors awaited the Federal Reserve's view on the economy at its policy meeting. Following robust industrial output and retail...
Источник: malaymail - 🏆 1. / 86 Прочитайте больше »
Bursa Malaysia up for fourth consecutive day, glove stocks rebounds | Malay MailKUALA LUMPUR, Sept 17 — Bursa Malaysia opened higher on Thursday, extending its gains for the fourth consecutive day as major glove makers, including Top Glove, rebounded from previous losses, while Hartalega continued to trade stronger. At 9.05am, the benchmark FTSE Bursa Malaysia KLCI (FBM...
Источник: malaymail - 🏆 1. / 86 Прочитайте больше »