If You'd Invested $1,000 in Snowflake in 2020, This Is How Much You Would Have Today

If You'd Invested $1,000 in Snowflake in 2020, This Is How Much You Would Have Today

The cloud-based data warehousing company priced its IPO at $120, well above its original range of $75 to $85, and it started trading at $245 a share. Snowflake attracted so much attention for two reasons: Its growth and retention rates were high, and it was backed by big investors like Salesforce and Warren Buffett's Berkshire Hathaway.