Snowflake Stock: Is It a Buy After Selling Off?
SNOWSnowflake(SNOW) The Motley Fool·2024-03-03 20:11

Shares of data cloud infrastructure provider Snowflake (SNOW -0.83%) were hammered on Thursday. The stock's beating came after the company's fiscal fourth-quarter earnings report, which featured better-than- expected revenue growth for the period but also included weaker-than-expected guidance for both the first quarter and the full year of fiscal 2025. In addition, news that the tech company's accomplished CEO, Frank Slootman, retired likely played a role in spooking investors, too. With the stock down sha ...