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-0.000219941348973685 0.00388563049853366 0.00684261974584544 0.00653714565004876 0.00975073313782979 0.00158846529814266 -0.000317693059628671 0.00478983382209184
Stock impact report

Snowflake Calls a Cloud Recovery. Not Everyone Is Buying It. [MarketWatch]

MongoDB, Inc. - Class A (MDB) 
Last mongodb, inc. - class a earnings: 3/17 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.mongodb.com/investor-relations
Company Research Source: MarketWatch
Want to see it on more articles? Give your feedback below or email product@barrons.com thumb-stroke-medium thumb-stroke-medium Snowflake srock remains well below its 2021 highs of close to $400. Andreistanescu/Dreamstime Snowflake was giving a boost to the entire cloud-software sector on Thursday as the market welcomed results that appeared to signal improving demand. However, some Wall Street analysts were still cautious on calling a sustained recovery. Snowflake stock was up 7.8% at $188.84 in early trading after it highlighted stronger consumption of its data-warehouse software in its October-quarter earnings. The particular highlight pulled out by many analysts was that consumption in September grew faster than at any other period in the last two years, and growth had continued in October. Oppenheimer analyst Ittai Kidron said that set up the company for potentially accelerating growth in 2024. Advertisement Kidron raised his target price on Snowflake stock to Show less Read more
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