Why Snowflake Stock Is Falling Today
SNOWSnowflake(SNOW) fool.com·2024-05-24 03:13

Despite an AI-driven boom for tech stocks, Snowflake's share price is down 14% over the last year. Snowflake (SNOW -6.10%) stock is losing ground in Thursday's trading. The company's share price was down 5.8% as of 3 p.m. ET, according to data from S&P Global Market Intelligence. After the market closed on Wednesday, Snowflake published the results for the first quarter of its 2025 fiscal year, which ended April 30. While the company's sales came in ahead of the market's expectations, earnings for the perio ...