Snowflake Shares Surge Post-Earnings
This is a news story, published by CNBC, that relates primarily to Nasdaq news.
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earningsCNBC
•Business
Business & Economics
Snowflake shares soar to highest level in over a year as revenue tops $1 billion for first time
86% Informative
Sales climbed 26% surpassing $1 billion in a quarter for the first time.
Snowflake shares are up 29% for the year , while the Nasdaq is down close to 2% .
Analysts say two new $100 million deals closed in the quarter after slipping from the prior period.
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