Snowflakes Wild Ride

Published: March 21, 2022, 2 p.m.

Snowflake\u2026they love the stock at 400 and hate it at 165. That\u2019s the nature of the business isn\u2019t it? Especially in this crazy cycle over the last two years of lockdowns, free money, exploding demand and now rising inflation and rates. But with the Fed providing some clarity on its actions, the time has come to really look at the fundamentals of companies and there\u2019s no tech company more fun to analyze than Snowflake.\xa0

In this breaking analysis we take look at the action of Snowflake\u2019s stock since its IPO, why it\u2019s behaved the way it has, how some sharp traders are looking at the stock and most importantly, what customer demand looks like.\xa0