Should You Buy the Dip in Snowflake Stock Today?

Snowflake (SNOW) stock tanked more than 11% on Dec. 4 after the cloud-based data storage firm reported market-beating financials for its Q3 but issued muted guidance for the future. According to the company’s earnings release, its operating margin will come in at 7% in the fourth quarter – about 140 basis points below analysts’ consensus. More News from Barchart Despite its post-earnings decline, Snowflake stock remains up an exciting 90% versus its year-to-date low in the first week of April. www.barc ...