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Snowflake Stock Tumbles on Lower-Than-Expected Outlook

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https://www.barrons.com/articles/snowflake-earnings-stock-price-51669846100


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Snowflake shares were falling in late trading Wednesday after the cloud-software firm’s January quarter outlook spooked Wall Street.

The firm said it expects fiscal fourth-quarter product revenue to be between $535 million and $540 million, which was well below Wall Street’s consensus estimate at $553 million.


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