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Snowflake down 30% on weak outlook: ‘we’re very bullish on the sector’

Snowflake down 30% on weak outlook: ‘we're very bullish on the sector'

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Snowflake Inc (NYSE: SNOW) shares tanked 30% in extended trading on Wednesday after the cloud company said revenue growth was likely to slow down this year. Snowflake Q4 financial results Lost $132.2 million that translates to 43 cents a share.

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