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Old 02-29-2024, 07:06 AM
 
2,594 posts, read 2,283,188 times
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Snowflake is down close to 50 points in premarket trading. The CEO is retiring, and the guidance was weak.
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Old 02-29-2024, 02:34 PM
 
Location: La Mesa Aka The Table
9,821 posts, read 11,536,738 times
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Yea Snowflake stock constantly goes up and down, but 50 points is a lot
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Old 02-29-2024, 03:15 PM
 
Location: Warwick, RI
5,475 posts, read 6,290,008 times
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Down 18% today, yikes! But the fact that an unprofitable business like that is trading at approx 27 times SALES shows that Benjamin’s Grahams voting machine is in full swing while his weighing machine sits idle.
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