$SNOW Earnings Leads to New All-Time Low?



Peregrine Trader

1) $SNOW Snowflake (SNOW) said that for the quarter ended April 30, it lost 53 cents a share, on revenue of $422.4 million. Wall Street analysts had forecast the company to lose 51 cents a share, on $413 million in sales.

2) After-hours last sale was $114.41, down -13.83%

3) $SNOW daily chart still in strong down channel

4) $SNOW ready to break All-Time Low tomorrow if it opens or trades below $120, the opening price of its IPO in September 2020