Why Snowflake Stock May Continue Disappointing Investors
SNOWSnowflake(SNOW) The Motley Fool·2024-08-24 15:51

The data cloud company's stock fell sharply this week. But it could get worse.With shares of data cloud technology company Snowflake (SNOW 0.56%) getting hammered this week following its fiscal second-quarter earnings report, some investors may be wondering if this is a good opportunity to buy the dip in the growth stock. After all, shares are not only down more than 40% over the last 12 months, but they are trading far below the $245 price the stock started trading at on its public debut in 2020.But invest ...