Melt Up at Snowflake?

by dkass · December 5, 2020

Berkshire Hathaway’s $735 million investment in Snowflake (SNOW) in September at its IPO price of $120/share is currently valued at $2.4 billion at its closing price today of $388/share. SNOW closed today at a $107 billion market capitalization and a price to sales ratio of 219. Its market capitalization exceeds that of ServiceNow (NOW) which has a $103 billion market capitalization.