What's Going on With Snowflake Stock?

By Parkev Tatevosian, CFA – Jun 4, 2023 at 5:00AM

NYSE: SNOW

Snowflake

Market Cap

$52B

Today's Change

(-1.17%) -$1.82

Current Price

$153.17

Price as of April 25, 2024, 1:45 p.m. ET

Investors are curious about Snowflake stock after the price fell by more than double digits.

Fool.com contributor and finance professor Parkev Tatevosian elaborates on the factors causing Snowflake's (SNOW -1.17%) stock price to fall.

*Stock prices used were the afternoon prices of May 31, 2023. The video was published on June 2, 2023.

Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Snowflake. The Motley Fool has a disclosure policy.

Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through fool.com/parkev, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.