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Snowflake Shares Slide Despite Earnings Beat, Falling Below 2020 IPO Price

May 25, 2022
Blair Abernethy
Barrons

Snowflake shares are trading sharply lower late Wednesday, on apparent investor disappointment with the financial outlook provided by the cloud-based data warehousing company.

With the late afternoon slide, Snowflake shares have fallen below their $120 September 2020 IPO price. The stock peaked above the $400 level last fall.

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Snowflake Shares Slide Despite Earnings Beat, Falling Below 2020 IPO Price
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