Snowflake, Inc. (NYSE:SNOW) shares are trading higher Friday, though the stock remains down by nearly 4% over the last month. Here’s a look at what’s going on.
What To Know:
Shares of SNOW are up 5% on above-average trading volume. According to data from Benzinga Pro, more than 4.15 million shares have been traded in the session, compared to the stock’s 100-day average of 6.283 million shares.
Last Friday, Snowflake announced that its CFO, Mike Scarpelli, will present at the Stifel Tech Executive Summit on Aug. 28 at 1:00 p.m. PT and Goldman Sachs Communacopia & Technology Conference on Sept. 7 at 2:25 p.m. PT.
Snowflake will report its second-quarter financial results on Aug. 23 after markets close and will host a conference call to discuss the results at 5:00 p.m. ET the same day.
Snowflake, Inc. has grabbed the attention of retail investors with SNOW listed as one of the top trending tickers on Yahoo! Finance.
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SNOW Price Action: According to Benzinga Pro, shares of SNOW are trading over 5% higher at $169.51 at the time of publication.
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