Why Snowflake Stock Soared Today
Snowflake(US:SNOW) The Motley Foolยท2024-02-02 22:45Snowflake (SNOW 9.41%) stock made big gains in Friday's trading. The data technology company's share price ended the daily session up 9.4%, according to data from S&P Global Market Intelligence.While there wasn't any company-specific news driving Snowflake higher today, the company's valuation benefited from strong earnings results published by leading cloud services providers. In particular, Amazon's better-than-expected fourth-quarter results helped give Snowflake's share price a major boost.Strong cloud ...