For IPOs, Snowflake gets almost $4 billion to commence enormous week

Software company costs shares at $120 each, higher than a previously raised range, for valuation of more than $33 billion as busiest week for IPOs in over a year starts Snowflake Inc. created a hot beginning to the busiest week for starting public contributions in over a year. Snowflake SNOW, +2.05% evaluated its IPO at $120 an offer Tuesday night, which implies it will raise at any rate $3.86 billion in the contribution, and likely more than $4 billion. The organization will offer 28 million offers to raise $3.36 billion,…

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