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Snowflake shares plunge 12% on guidance miss, acquisition of search startup Neeva

by Editor May 25, 2023, 3:04 am 1.3k Views

Snowflake shares plunge 12% on guidance miss, acquisition of search startup Neeva

The New York Stock Exchange welcomes Snowflake (NYSE:SNOW), on Tues. Dec 21st, 2021, to usher in the first day of winter.

NYSE

Shares of cloud data platform provider Snowflake slid more than 12% in extended trading on Wednesday after the company

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in its earnings report and said it will acquire search startup Neeva for an undisclosed amount.

Here’s how the company did:

Earnings per share: 15 cents, adjusted, vs. 5 cents…

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