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Snowflake's CEO is stepping down.
In this video, I will review Snowflake's (SNOW 1.06%) recent earnings report and some key points mentioned during the call, and explain why the stock crashed 20%.
*Stock prices used were from the trading day of Feb. 29, 2024. The video was published on Feb. 29, 2024.
Neil Rozenbaum 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. Neil is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.
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*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.
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