Snowflake Stock Is Down Nearly 50% From its Highs. Is it a Buy Now?
Shares of Snowflake (NYSE: SNOW) have fallen sharply since the data warehousing leader delivered its fiscal fourth-quarter report after the bell Wednesday. The former high-flier has also lost nearly half its value from the peak it hit in November.
Is Snowflake's swoon a sign that more pain lies ahead for shareholders, or is now an opportune time to invest in the cloud software star?
Let's see what some Wall Street analysts have to say.
Source Fool.com
