Snowflake Q2 Preview: Stock Moved an Average of 12.8% Last Seven Earnings Reports, Experts Says ‘Buckle Up’
Snowflake consistently beats revenue and earnings estimates in recent quarters, which could be why the stock is trading near all-time highs.
Snowflake's stock usually jumps a lot when it reports earnings because the company often does better than people expect. When a company keeps surprising people in a good way, traders get excited and watch closely for what happens next.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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