Snowflake Q3 losses almost double, stock market flinches, then reckons: Nah, it's fine
Undereaction a sign of investor 'confidence/insanity' in the Snowflake sales engine, says analyst
Snowflake has reported its first financials since becoming a multi-billion dollar stock market darling, showing triple digit but slowing revenue growth in its Q3, and a near-doubling of losses. The response from Wall Street? Thumbs down....