# Snowflake Initial Public Offering

**URL:** <https://community.trading212.com/t/snowflake-initial-public-offering/19972>\
**Category:** 📬 Stocks & ETFs requests\
**Created:** [September 16, 2020, 2:44pm UTC](https://community.trading212.com/t/snowflake-initial-public-offering/19972 "2020-09-16T14:44:28Z")\
**Posts on this page:** 20\
**Page:** 2

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**Author:** ![Talbotsunbeamer](https://avatars.discourse-cdn.com/v4/letter/t/eb9ed0/32.png) [@Talbotsunbeamer](https://community.trading212.com/u/Talbotsunbeamer)\
**Post date:** [September 16, 2020, 4:09pm UTC](https://community.trading212.com/t/snowflake-initial-public-offering/19972/21 "2020-09-16T16:09:07Z")

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The price was as stated at the time and hasn’t changed since. I had a price target in my head of $140 - yes i know way off the mark now but you live and learn.

Current claims are of it opening at around $235. CFD still states $160 but suspended.

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**Author:** ![ryan9921](https://avatars.discourse-cdn.com/v4/letter/r/13edae/32.png) [@ryan9921](https://community.trading212.com/u/ryan9921)\
**Post date:** [September 16, 2020, 4:10pm UTC](https://community.trading212.com/t/snowflake-initial-public-offering/19972/22 "2020-09-16T16:10:57Z")

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Out of interest, does it show as an open position or just pending order?

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**Author:** ![Talbotsunbeamer](https://avatars.discourse-cdn.com/v4/letter/t/eb9ed0/32.png) [@Talbotsunbeamer](https://community.trading212.com/u/Talbotsunbeamer)\
**Post date:** [September 16, 2020, 4:11pm UTC](https://community.trading212.com/t/snowflake-initial-public-offering/19972/23 "2020-09-16T16:11:56Z")

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Open Position - no pending orders

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**Author:** ![ryan9921](https://avatars.discourse-cdn.com/v4/letter/r/13edae/32.png) [@ryan9921](https://community.trading212.com/u/ryan9921)\
**Post date:** [September 16, 2020, 4:15pm UTC](https://community.trading212.com/t/snowflake-initial-public-offering/19972/24 "2020-09-16T16:15:08Z")

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Wow, well steady hands will be needed when it opens then! Volatility will be nuts, can’t make up my mind whether the dumping from some of those who got allocations or the FOMO will be stronger.

Either way, looking at about $226.5 on 2.7m shares.

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**Author:** ![Hectares](https://dub1.discourse-cdn.com/flex013/user_avatar/community.trading212.com/hectares/32/5426_2.png) [@Hectares](https://community.trading212.com/u/Hectares)\
**Post date:** [September 16, 2020, 4:20pm UTC](https://community.trading212.com/t/snowflake-initial-public-offering/19972/25 "2020-09-16T16:20:45Z")

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Are you using the practice account?

That’s amazing if you’re not, i don’t know how T212 can sell you the shares at that price when they don’t have them… please update the post when it opens as to what happened to your position.

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**Author:** ![Watsonc01](https://avatars.discourse-cdn.com/v4/letter/w/bc79bd/32.png) [@Watsonc01](https://community.trading212.com/u/Watsonc01)\
**Post date:** [September 16, 2020, 4:30pm UTC](https://community.trading212.com/t/snowflake-initial-public-offering/19972/26 "2020-09-16T16:30:40Z")

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I bought but it’s still closed

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**Author:** ![TyBags1](https://dub1.discourse-cdn.com/flex013/user_avatar/community.trading212.com/tybags1/32/6306_2.png) [@TyBags1](https://community.trading212.com/u/TyBags1)\
**Post date:** [September 16, 2020, 4:30pm UTC](https://community.trading212.com/t/snowflake-initial-public-offering/19972/27 "2020-09-16T16:30:43Z")

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ah right ok cool. Do you know roughly when that is aka is it likely today or tomorrow

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**Author:** ![TyBags1](https://dub1.discourse-cdn.com/flex013/user_avatar/community.trading212.com/tybags1/32/6306_2.png) [@TyBags1](https://community.trading212.com/u/TyBags1)\
**Post date:** [September 16, 2020, 4:30pm UTC](https://community.trading212.com/t/snowflake-initial-public-offering/19972/28 "2020-09-16T16:30:46Z")

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does anyone know when this is going live as mines still pending

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<div class="post-metadata">

**Author:** ![ryan9921](https://avatars.discourse-cdn.com/v4/letter/r/13edae/32.png) [@ryan9921](https://community.trading212.com/u/ryan9921)\
**Post date:** [September 16, 2020, 4:31pm UTC](https://community.trading212.com/t/snowflake-initial-public-offering/19972/29 "2020-09-16T16:31:56Z")

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Down to the exchange to open trading, nobody on this forum will know when - only thing you do is wait unfortunately.

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**Author:** ![Talbotsunbeamer](https://avatars.discourse-cdn.com/v4/letter/t/eb9ed0/32.png) [@Talbotsunbeamer](https://community.trading212.com/u/Talbotsunbeamer)\
**Post date:** [September 16, 2020, 4:32pm UTC](https://community.trading212.com/t/snowflake-initial-public-offering/19972/30 "2020-09-16T16:32:04Z")

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100% real money. I will let you know the outcome!

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**Author:** ![TyBags1](https://dub1.discourse-cdn.com/flex013/user_avatar/community.trading212.com/tybags1/32/6306_2.png) [@TyBags1](https://community.trading212.com/u/TyBags1)\
**Post date:** [September 16, 2020, 4:33pm UTC](https://community.trading212.com/t/snowflake-initial-public-offering/19972/31 "2020-09-16T16:33:49Z")

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Oh ok mate thanks. Am praying my pending order goes through within seconds

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**Author:** ![Hectares](https://dub1.discourse-cdn.com/flex013/user_avatar/community.trading212.com/hectares/32/5426_2.png) [@Hectares](https://community.trading212.com/u/Hectares)\
**Post date:** [September 16, 2020, 4:41pm UTC](https://community.trading212.com/t/snowflake-initial-public-offering/19972/32 "2020-09-16T16:41:53Z")

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SNOW should be now opening… its at $276

Although it’s now halted

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<div class="post-metadata">

**Author:** ![nickspacemonkey](https://avatars.discourse-cdn.com/v4/letter/n/eb8c5e/32.png) [@nickspacemonkey](https://community.trading212.com/u/nickspacemonkey)\
**Post date:** [September 16, 2020, 4:45pm UTC](https://community.trading212.com/t/snowflake-initial-public-offering/19972/33 "2020-09-16T16:45:09Z")

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I got lucky and got filled at $263

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**Author:** ![Hectares](https://dub1.discourse-cdn.com/flex013/user_avatar/community.trading212.com/hectares/32/5426_2.png) [@Hectares](https://community.trading212.com/u/Hectares)\
**Post date:** [September 16, 2020, 4:47pm UTC](https://community.trading212.com/t/snowflake-initial-public-offering/19972/34 "2020-09-16T16:47:31Z")

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that’s really good as its over $300

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<div class="post-metadata">

**Author:** ![Talbotsunbeamer](https://avatars.discourse-cdn.com/v4/letter/t/eb9ed0/32.png) [@Talbotsunbeamer](https://community.trading212.com/u/Talbotsunbeamer)\
**Post date:** [September 16, 2020, 4:52pm UTC](https://community.trading212.com/t/snowflake-initial-public-offering/19972/36 "2020-09-16T16:52:26Z")

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CFD completed and loss triggered. I’m going to have to check my rights over this as it was selling at a price not available to consumers and indeed shut down after a couple of minutes.

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<div class="post-metadata">

**Author:** ![Hectares](https://dub1.discourse-cdn.com/flex013/user_avatar/community.trading212.com/hectares/32/5426_2.png) [@Hectares](https://community.trading212.com/u/Hectares)\
**Post date:** [September 16, 2020, 4:55pm UTC](https://community.trading212.com/t/snowflake-initial-public-offering/19972/37 "2020-09-16T16:55:42Z")

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You should get a refund as it shouldn’t have allowed the purchase… sounds like another IT issue 😉

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<div class="post-metadata">

**Author:** ![mrpbennett](https://dub1.discourse-cdn.com/flex013/user_avatar/community.trading212.com/mrpbennett/32/5447_2.png) [@mrpbennett](https://community.trading212.com/u/mrpbennett)\
**Post date:** [September 16, 2020, 4:56pm UTC](https://community.trading212.com/t/snowflake-initial-public-offering/19972/38 "2020-09-16T16:56:28Z")

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im just going to wait till they offer fractional and get in for the long run and keep it in my disruptive innovation pie.

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**Author:** ![Jake.b](https://dub1.discourse-cdn.com/flex013/user_avatar/community.trading212.com/jake.b/32/13764_2.png) [@Jake.b](https://community.trading212.com/u/Jake.b)\
**Post date:** [September 16, 2020, 4:58pm UTC](https://community.trading212.com/t/snowflake-initial-public-offering/19972/39 "2020-09-16T16:58:54Z")

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@David @Martin Is there anything you can do to make fractional available now please?

Out of interest, on a big IPO like this, what stops it being fractional straight away?

Thanks guys

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<div class="post-metadata">

**Author:** ![David](https://dub1.discourse-cdn.com/flex013/user_avatar/community.trading212.com/david/32/39_2.png) [@David](https://community.trading212.com/u/David)\
**Post date:** [September 16, 2020, 5:07pm UTC](https://community.trading212.com/t/snowflake-initial-public-offering/19972/40 "2020-09-16T17:07:31Z")

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It’s fractional now, sorry for the wait.

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**Author:** ![mrpbennett](https://dub1.discourse-cdn.com/flex013/user_avatar/community.trading212.com/mrpbennett/32/5447_2.png) [@mrpbennett](https://community.trading212.com/u/mrpbennett)\
**Post date:** [September 16, 2020, 5:08pm UTC](https://community.trading212.com/t/snowflake-initial-public-offering/19972/41 "2020-09-16T17:08:44Z")

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awesome!! Thanks @David still think its going to drop more though.

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