Just noticed Snowflake has reached a 3 year high, now trading at "just" 20x revenue. Still burning money faster than a toddler in a candy store.
Snowflake
SNOW
NYSE
IPO2020
about SNOW
Snowflake provides a cloud-based data warehousing platform that enables organizations to efficiently store, process, and analyze large volumes of data, offering scalability and accessibility for businesses.
| type | open | high | low |
market cap |
volume |
|---|---|---|---|---|---|
| stock | $274.94 | $275.48 | $265.69 | $93.13B | 6.21M |
| eps |
price to earnings |
price to sales |
operating margin |
profit margin |
yield |
| -$0.89 | n/a | 80.37 | -29.72% | -26.02% | 0% |
How was this company even allowed to go public? Much less have a $60,000,000,000 market cap? They're bleeding money faster than a busted fire hydrant on a hot summer day.