The Latest Breaking News from Snowflake

A whale with a lot of money to spend has taken a noticeably bearish stance on Snowflake. Looking at options history for Snowflake (NYSE:SNOW) we detected 10 strange trades.

Upgrades

Snowflake Inc (NYSE: SNOW) shares are trading higher Thursday following bullish analyst coverage from JPMorgan.

Upgrades

Snowflake's (NYSE:SNOW) short percent of float has risen 15.71% since its last report. The company recently reported that it has 9.69 million shares sold short, which is 3.61% of all regular shares that are available for trading.

Someone with a lot of money to spend has taken a bullish stance on Snowflake (NYSE:SNOW). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

A whale with a lot of money to spend has taken a noticeably bearish stance on Snowflake. Looking at options history for Snowflake (NYSE:SNOW) we detected 29 strange trades.

Despite witnessing solid top-line growth, data cloud company Snowflake (SNOW) continues to remain unprofitable. In addition, its shares have slumped more than 60% year-to-date after the company reported a disappointing financial outlook for the upcoming quarter. So, would it be worth buying the stock now? Let’s find out.

Snowflake Inc (NYSE: SNOW) shares are trading lower Thursday amid overall market weakness as stocks move lower following Wednesday's Fed rate hike announcement.

Analysts were impressed by Snowflake Inc's (NYSE: SNOW) Summit user conference in Las Vegas, which included an Investor Day briefing.

Snowflake Inc’s (NYSE: SNOW) analyst day and customer conference highlighted innovations that could lead to higher consumption and better monetization, according to Canaccord Genuity.