Why Snowflake Stock Gained 15% in August

Motley Fool2021-09-09

What happened Shares of Snowflake(NYSE:SNOW) were climbing last month after the cloud-based data warehousing company delivered a strong second-quarter earnings report. According to data from S&P ...

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精彩评论

Tigal80
2021-09-09
Tigal80
yes
- AudTKH:
  Yes
Ernfei
2021-09-09
Ernfei
Y u fall?
- Veldora:
  Believe your own research and havd faith. there isnt any bad news which cause the dip.
- Ernfei:
  LikE snoowflaKe?

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According to data from S&P ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/09/08/why-snowflake-stock-gained-15-in-august/\">网页链接</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"SNOW","symbol_name":"Snowflake","start_time":0,"source_url":"https://www.fool.com/investing/2021/09/08/why-snowflake-stock-gained-15-in-august/","article_id":"1174252587","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1174252587","pubTimestamp":1631166290,"sourceInfo":null,"weMediaInfo":null,"summary":"What happened\nShares of Snowflake(NYSE:SNOW) were climbing last month after the cloud-based data war","collect":0,"end_time":0,"defaultTopTitle":"fool.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"SNOW":"Snowflake"},"translate_title":"雪花股票8月为何上涨15%","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"SNOW":0.9},"content_text":"What happened\nShares of Snowflake(NYSE:SNOW) were climbing last month after the cloud-based data warehousing company delivered a strong second-quarter earnings report. According to data from S&P Global Market Intelligence, the stock finished August up 15%.\nAs you can see from the chart below, it was an up-and-down month for Snowflake, but the earnings report late in the month helped the company finish August with double-digit gains.\nSNOW DATA BY YCHARTS\nSo what\nSnowflake has been volatile since its IPO a year ago, as high-growth, high-priced stocks often are. However, the second-quarter report helped show why the stock warrants a high multiple.\nIMAGE SOURCE: GETTY IMAGES.\nPrior to the Aug. 25 earnings report, the stock pulled back. It fell 5% on Aug. 20 after Cleveland Research said that new customer additions had slowed in the second quarter, and that its sales partners were seeing longer sales cycles due to increased competition.\nHowever, the stock popped on its earnings report the following week, gaining 7.6% after it beat estimates. Snowflake reported 104% revenue growth to $272.2 million, ahead of the consensus at $256.5 million. 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","text":"Believe your own research and havd faith. there isnt any bad news which cause the dip. ","html":"Believe your own research and havd faith. there isnt any bad news which cause the dip. 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