SNOW - SNOW INVESTOR ALERT: Kirby McInerney LLP Notifies Snowflake Inc. Investors of Upcoming Lead Plaintiff Deadline in Class Action Lawsuit | Benzinga
NEW YORK, April 02, 2024 (GLOBE NEWSWIRE) -- The law firm of Kirby McInerney LLP reminds investors of the April 29, 2024 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed on behalf of those who acquired Snowflake Inc. ("Snowflake" or the "Company") (NYSE:SNOW) securities during the period of September 16, 2020 through March 2, 2022, inclusive ("the Class Period").
[Click here to learn more about the class action]
On August 24, 2020, Snowflake filed with the SEC a registration statement on Form S-1 for its IPO, which was declared effective on September 15, 2020. Over the next several fiscal quarters, the price of Snowflake shares skyrocketed up to over $400 per share as the Company painted a positive picture of the Company's business and prospects. Snowflake claimed that the Company had experienced triple digit growth in product revenue and its remaining performance obligations each quarter ...