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1 Magnificent Artificial Intelligence (AI) Growth Stock Down 48% to Buy Hand Over Fist Before It Starts Soaring
SnowflakeSnowflake(US:SNOW) The Motley Foolยท2024-06-26 07:30

Shares of this cloud company are down 48% from their 52-week high, but prospects are good for better times ahead.This has been a terrible year for Snowflake (SNOW -0.47%) shareholders. Though the data cloud provider started 2024 on a positive note, the stock is now down 48% from the 52-week high it hit in mid-February thanks to issues ranging from management turnover to increasing competition to quarterly results that haven't met expectations.However, that sharp pullback may have created an opportunity for ...