Why Snowflake Shares Are Trading Higher By Over 24%; Here Are 20 Stocks Moving Premarket
Snowflake shares surged 24% after Q2 revenue and earnings beat estimates; other premarket gainers and losers made notable moves.
Snowflake sold more stuff and made more money than people expected, so lots of people wanted to buy its stock. When a company does better than expected, it's a sign that the company might be working well—that's something to keep an eye on.
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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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