Why Snowflake Stock Skyrocketed Today
Shares of Snowflake (NYSE: SNOW) soared on Thursday, as investors cheered the data warehousing leader's artificial intelligence (AI)-fueled growth projections.
Image source: The Motley Fool.
Snowflake, like many software stocks, had seen its share price pressured by fears that new AI-native rivals would disrupt traditional software-as-a-service (SaaS) business models. Prior to today, its stock price was down roughly 20% in 2026.
Source Fool.com
