Snowflake Stock Is 65% Below Peak But Nvidia Deal Fuels Optimism
SNOWSnowflake(SNOW) Forbes·2024-06-06 03:19

NEW YORK, NY - MAY 10: Senior Vice President of Advertising and Commerce at Google Sridhar ... [+] Ramaswamy speaks onstage during TechCrunch Disrupt NY 2016 at Brooklyn Cruise Terminal on May 10, 2016 in New York City. (Photo by Noam Galai/Getty Images for TechCrunch) getty Shares of data cloud service provider Snowflake have fallen hard since Frank Slootman — who led the company’s boffo 2020 IPO — handed the CEO job to Sridhar Ramaswamy. Does the 28% drop in Snowflake’s stock this year make it a bargain? ...