3 Red Flags for Snowflake's Future
SNOWSnowflake(SNOW) The Motley Fool·2024-08-21 17:35

It's hard to love the cloud-based data warehouse company right now.It's been a tough four years for Snowflake (SNOW 0.38%). The cloud-based data warehousing company went public at 120pershareonSept.16,2020,morethandoubledonitsfirsttradeto120 per share on Sept. 16, 2020, more than doubled on its first trade to 245, and touched a record high of $401.89 on Nov. 16, 2021.At the time, the bulls were impressed by its triple-digit percentage growth rates and investments in its IPO from Warren Buffett's Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) and Salesforce (NYSE ...