EPISODE · Sep 18, 2020 · 2 MIN
Market Talks in brief
from BreaknBread · host Terry Page
Snowflake asked Investment banks to figure out the price of their stock just ahead of the IPO. They came up with $120.00 per share. The investment banks sold it to their clients Tuesday for that price. The problem is the next day you & I could only buy the stock at $240.00. Listen to Market Talks in brief as we give an overview of this story and others as to what went on this week.
What this episode covers
Snowflake asked Investment banks to figure out the price of their stock just ahead of the IPO. They came up with $120.00 per share. The investment banks sold it to their clients Tuesday for that price. The problem is the next day you & I could only buy the stock at $240.00. Listen to Market Talks in brief as we give an overview of this story and others as to what went on this week.
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Market Talks in brief
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