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Here's Why Snowflake Stock Skyrocketed Today
SNOWSnowflake(SNOW) The Motley Fool·2024-11-21 18:35

Shares of data company Snowflake (SNOW 34.29%) skyrocketed on Thursday after investors were pleasantly surprised with the financial results it reported for its fiscal third quarter of 2025. As of 12:40 p.m. ET, Snowflake stock was up 34%.Snowflake's adoption is growingI believe that investors are looking at Snowflake's business trends more than its headline numbers today. The company had some big customer wins during Q3, which was an encouraging sign. Like most enterprise software companies, its customers s ...