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home / news releases / SNOW - Here's Why Snowflake Stock Dropped Nearly 12% Last Month

SNOW - Here's Why Snowflake Stock Dropped Nearly 12% Last Month

Intrawest Resorts Holdings Inc.

2023-09-06 14:48:58 ET

Shares of data analytics platform Snowflake (NYSE: SNOW) dropped 11.7% in August, according to data provided by S&P Global Market Intelligence . During the month, investors were reminded of just how quickly the company's growth was decelerating, and that's a problem for a stock with sky-high expectations.

SNOW data by YCharts

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Here's Why Snowflake Stock Dropped Nearly 12% Last Month
Stock Information
Company Name: Intrawest Resorts Holdings Inc.
Stock Symbol: SNOW
Market: NYSE
Website: snowflake.com
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