16-09-2020 15:59 via feedproxy.google.com

JFrog and Snowflake’s aggressive IPO pricing point to strong demand for cloud shares

After raising their IPO price ranges, both JFrog and Snowflake priced above their refreshed intervals last night. At their final IPO prices, the two debuts are aggressively valued, showing continued optimism amongst public investors that cloud shares are an attractive bet, even if their growth is financed through a history of steep losses, as in the case of Snowflake .The Exchange explores startups, markets and money. Read it every morning on Extra Crunch, or get The Exchange newsletter every Sa
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