Tuesday, 02 January 2024 12:17 GMT

AI Cloud Stock Snowflake (NYSE: SNOW) Soars On Second Quarter News - Reaches NYSE Top Gainer List


(MENAFN- Investor Ideas) ) a trusted platform for investing ideas including AI stocks issues a news and trading alert for Snowflake (NYSE: SNOW ), the AI Data Cloud company.

The stock makes the NYSE top percentage gainer list today on second quarter news.

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    Revenue of $1.55 billion in the second quarter, representing 35% year-over-year growth Net revenue retention rate of 126% 828 customers with trailing 12-month product revenue greater than $1 million, representing 27% year-over-year growth 829 Forbes Global 2000 customers Remaining performance obligations of $9.00 billion, representing 30% year-over-year growth

The stock is trading at 370.25 +64.41 (+21.08%) on volume of just under 11 Million shares as of this report. The stock has a morning high of 384.55, making a new 52 week high.

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