Global IPO markets have been running hot in 2021, setting new records in terms of volume and proceeds. One of the best predictors of future performance is past performance. Investors interested in how recent IPOs might fare in 2022 may consider reviewing how the hottest IPOs of 2020 performed in 2021. Many of the companies that made public debuts in 2020 faced (and are still battling) lingering uncertainty amid COVID-19 concerns. Still, some have managed to trend higher for most of the year. Here is a look at how five of the most highly anticipated IPOs from 2020 performed this year. Snowflake Inc. IPO Date: Sept. 16, 2020 Current Stock Price: $332.31 52-Week Range: $184.71–$405 YTD Performance: +18.09 percent Snowflake’s proposed IPO range was listed at $75 to $85 per share. The stock opened for trading at $245 per share, giving the cloud software company a valuation of $67.94 billion, more than five times its private valuation of …
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