{"id":75653,"date":"2020-09-18T03:27:00","date_gmt":"2020-09-18T07:27:00","guid":{"rendered":"https:\/\/www.hedgeco.net\/news\/?p=75653"},"modified":"2020-09-18T03:14:15","modified_gmt":"2020-09-18T07:14:15","slug":"snowflakes-first-day-pop-means-ipo-left-3-8-billion-on-the-table-the-most-in-12-years","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/09\/2020\/snowflakes-first-day-pop-means-ipo-left-3-8-billion-on-the-table-the-most-in-12-years.html","title":{"rendered":"Snowflake\u2019s first-day pop means IPO left $3.8 billion on the table, the most in 12 years"},"content":{"rendered":"\n<p>(CNBC)  One of the biggest problems with the traditional IPO process (and there are several) is that it\u2019s impossible to say whether a deal is a success or a failure.\u00a0 <a href=\"https:\/\/www.cnbc.com\/quotes\/?symbol=SNOW\">Snowflake<\/a>, the cloud-based data management company that\u2019s 2020?s biggest IPO, <a href=\"https:\/\/www.cnbc.com\/2020\/09\/16\/snowflake-snow-opening-trading-on-the-nyse.html\">jumped 112% in its debut Wednesday<\/a>. For investors who received allocation at the $120-per-share offering price (which, by the way, was 41% higher than the range<\/p>\n\n\n\n<p><a href=\"https:\/\/www.cnbc.com\/2020\/09\/17\/snowflakes-first-day-pop-means-ipo-left-3point8-billion-on-the-table-the-most-in-12-years.html\">To read this article:<\/a><\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(CNBC) One of the biggest problems with the traditional IPO process (and there are several) is that it\u2019s impossible to say whether a deal is a success or a failure.\u00a0 Snowflake, the cloud-based data management company that\u2019s 2020?s biggest IPO, [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-75653","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/75653","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=75653"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/75653\/revisions"}],"predecessor-version":[{"id":75654,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/75653\/revisions\/75654"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=75653"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=75653"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=75653"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}