Snowflake was often one of the top trending stocks during the NASDAQ bull run but its fortunes have reversed just like most other high-growth tech stocks after the interest rate hike. However, despite the beating that the company has taken in terms of the valuation, a positive sign is the improving operational efficiency and unit economics and continuing high growth. The $5 million-plus threshold was crossed by 10 customers on a 12-month basis for Snowflake in the recent result and they added si ....
