Snowflake Stock Just Soared, but Investors Shouldn’t Ignore This Red Flag
Snowflake (NYSE: SNOW), the data warehousing specialist, has traded like a typical software-as-a-service (SaaS) stock since its initial public offering in 2020. The stock soared out of the gate, delivering massive growth at a sky-high valuation as businesses turned to software solutions due to the needs of the pandemic era and as investors bid up…