Snowflake increases IPO price, Kodak stock rocketing, Adobe beats Wall Street estimates. Here are the Top Stock Stories for today:
- Snowflake’s IPO elevated and the share price is set to as high as $120 and it brings the overall worth of the company to #33.3 billion.
- Kodak took the responsibility of handling the stock grant poorly before announcing the $765 million loan from the government.
- Adobe achieved the revenue of around $3.35 billion against the estimated $3.15 billion. Diluted EPS, revenue from the digital segment, subscription revenue, and the digital experience subscription segment earned the revenues higher than expected.
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