Snowflake opened at $254 a share, up 111% on day one from a $33 billion IPO valuation, and reportedly ran 130% higher. The incremental buyer on day one was often retail, the people who did not get an allocation. Who got paid on that pop, and who carried the risk? Video: CNBC Television on YouTube
1:14
Snowflake opened at $254 a share, up 111% on day one from a $33 billion IPO valuation, and reportedly ran 130% higher. The incremental buyer on day one was often retail, the people who did not get an allocation. Who got paid on that pop, and who carried the risk? Video: CNBC Television on YouTube
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