1 Critical Reason Snowflake Stock Has Declined by 56%
Snowflake(SNOW) The Motley Fool·2024-03-06 18:49
Snowflake (SNOW -5.72%) helps businesses extract more value from their data through its innovative Data Cloud. It was one of the hottest stocks when it went public in 2020, even attracting a small investment from Warren Buffett's Berkshire Hathaway. While Snowflake stock still trades above its $120 IPO price, it's down 56% from the all-time high it reached in late 2021. The company is growing far more slowly today than it was a few years ago, and this slowdown is attributable to a few things. First, Snowfla ...