{"id":371489,"date":"2021-02-05T16:11:07","date_gmt":"2021-02-05T16:11:07","guid":{"rendered":"https:\/\/www.finder.com\/uk\/?p=371489"},"modified":"2024-03-06T11:49:51","modified_gmt":"2024-03-06T11:49:51","slug":"buy-databricks-shares","status":"publish","type":"post","link":"https:\/\/www.finder.com\/uk\/share-trading\/invest-in\/tech-stocks\/buy-databricks-shares","title":{"rendered":"How to buy Databricks shares when it goes public"},"content":{"rendered":"

Databricks Inc, best known for its unified data analytics platform, is reportedly considering an IPO later this year. According to a Bloomberg report, the company was valued at $6.2 billion in 2019. But the company announced new funding on Feb. 1, 2021 from investors including Amazon and Alphabet that valued the company at $28 billion, CNBC reported.<\/p>

Here's what we know so far about the IPO \u2014 and how to invest when the stock goes public.<\/p>\r\n\n\n\n

How to buy shares in Databricks when it goes public<\/h3>\n

Once Databricks goes public, you'll need a brokerage account to invest. Consider opening a brokerage account today so you're ready as soon as the stock hits the market.<\/p>\n\n

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  1. \nCompare share trading platforms.<\/strong> Find a platform that suits your investing style. In this case, you might need a brokerage providing access to newly listed stocks. Narrow down top brands with our comparison<\/a>. \n<\/li>\n
  2. \nOpen and fund your brokerage account.<\/strong> Create an account using basic personal details along with your ID and bank information. You can make a deposit with a bank transfer, credit card or debit card.\n<\/li>\n
  3. \nSearch for Databricks.<\/strong> Find the stock by name or the ticker symbol.\n<\/li>\n
  4. \nBuy Databricks shares.<\/strong> Once Databricks shares become available on your platform, decide how much stock you want to buy and create an order.\n<\/li>\n<\/ol>\n\n\n

    Our top picks for where to buy shares<\/h4>\n\n\n\n\n