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Why Snowflake Stock Declined by 11.7% in March

TheMotleyFool

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Why Snowflake Stock Declined by 11.7% in MarchPhoto, wide shot, wide-angle lens, Artificial intelligence developer, sunset photo at golden hour, photo by Art Wolfe: https://img.theapi.app/temp/12e2798a-1095-4653-8f49-2a7aee633b4e.png

Shares of Snowflake (NYSE: SNOW) declined by 10.1% in March, according to data provided by S&P Global Market Intelligence.

The data cloud company saw its share price soar to a high of $390 after it went public in September last year, but it has since declined by around 41%.

Image source: Getty images.

Source Fool.com

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