Question: Problem #6 (13 marks): Snowflake Inc (SNOW) is a publicly traded company that completed its IPO in 2020. Answer the following questions regarding SNOW stock.
Problem \#6 (13 marks): Snowflake Inc (SNOW) is a publicly traded company that completed its IPO in 2020. Answer the following questions regarding SNOW stock. a) What exchange is SNOW listed on? (1 mark) b) What date did the company go public and who were the lead underwriters? (1 mark) c) What was the IPO offering price per share? (1 mark) d) What was the opening price and what was the closing price on the opening day? (1 mark) e) SNOW was able to sell 36.4 million shares at the IPO price. Underwriting fees amounted to $106 million. Calculate the percentage spread charged by the underwriters. ( 2 marks) f) How much money was "left on the table" (\$ amount of underpricing)? (2 marks) g) What is the 52-week and high and the 52-week low price for this stock? (1 mark) h) What is the current stock price and market capitalization? (1 mark) i) What is the current Beta of SNOW? (1 mark) j) What are the earnings per share (EPS) for SNOW? The negative value of EPS means that the company is not earning enough money to cover its expenses. Based on this value, why would an individual want to invest in SNOW? (2 marks)
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