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NYSE:SNOW

Snowflake (SNOW)

231.40
-0.89 (0.38%)
as of Jun 18, 2026, 10:52:29 pm Market Open.
49 watching
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COMMENT

It IPOs next week and is a cloud-based data warehousing company. Berkshire Hathaway and Salesforce will each buy $250 million of stock. The CEO has a great track record in Silicon Valley; Snowflake is the CEO's third company he's taken public. He sees a lot of demand in Snowflake, so should IPO well. He's conflicted, because the IPO may be too red hot and overbought. He'll know more about this company next week.

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