Snowflake Inc (SNOW) is a publicly-traded company on the NYSE exchange. Answer the following questions regarding SNOW:
Question:
Snowflake Inc (SNOW) is a publicly-traded company on the NYSE exchange.
Answer the following questions regarding SNOW:
a) When did the company go public and who were the lead underwriters?
b) What was the IPO offering price per share?
c) What was the opening price and what was the closing price on an opening day?
d) SNOW was able to sell 36.4 million shares at the IPO price. Underwriting fees amounted to $106 million. Calculate the percentage spread charged by the underwriters.
e) How much money was left at the table ($ amount of underpricing)?
f) What is the 52 week and high and the 52-week low price for this stock?
g) What is the earnings per share (EPS) for SNOW? Based on the value of EPS, why would an individual wants to invest in SNOW?
Smith and Roberson Business Law
ISBN: 978-0538473637
15th Edition
Authors: Richard A. Mann, Barry S. Roberts