Business

Berkshire Hathaway profits from Snowflake stock have vanished



Berkshire Hathaway

once great profits of a cloud software company

Snowflakes

melted away.

Berkshire Hathaway (code:

BRKb

) has invested approximately $735 million in Snowflake (SNOW) with a September 2020 initial public offering price of $120 per share.

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