Snowflake shares tumble as growth slows | allainews.com

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 […]

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