0.68 Snowflake share price falls after revenue forecasts dip below expectations

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Snowflake share price falls after revenue forecasts dip below expectations
Dátum: 2024-02-29 [theregister.co.uk]

CEO Frank Slootman announces retirement as former data cloud rising star sees value sink

The value of cloud-based data warehouse vendor Snowflake plunged 24 percent in extended trading in the US last night after it announced lower-than-expected forecasts for product revenue as well as the departure of CEO Frank Slootman.
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