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Snowflake shares tumble as growth slows
May 26, 2022, 12:43 a.m. | Paul Gillin
Big Data – SiliconANGLE siliconangle.com
Shares of once-high-flying software unicorn Snowflake Inc. are finally falling to earth. The stock price of the cloud data warehousing provider fell nearly 14% after-hours today on a weaker-than-expected full-year forecast amid signs of a slowdown in spending by large enterprise customers. The quarterly numbers weren’t bad overall. Losses narrowed in its fiscal first quarter […]
The post Snowflake shares tumble as growth slows appeared first on SiliconANGLE.
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