Watch These Snowflake Stock Price Levels After Post-Earnings Drop
Snowflake(SNOW) Investopedia·2024-08-22 11:45
Key TakeawaysShares in cloud data-warehouse software company Snowflake dropped 8% in extended trading on Wednesday after a widening net loss and rising costs overshadowed quarterly results that came in ahead of expectations. The share price broke out from a falling wedge pattern earlier this month, but that move looks to be tested following the stock's projected post-earnings fall.Snowflake shares may find buying interest on the chart at key price levels including $123, $108, and $95. Shares in cloud data-w ...