SNOW was up 4.64% in regular trading today, but it’s down 5.39% in after hours trading after the co-CEO announced that he was stepping down. Berkshire, with a cost basis for SNOW of $202.55/share, is down 33% on its investment in SNOW, after being up 91% 2-1/2 months after the Sept 2020 IPO.
The Salesforce (CRM) co-ceo is stepping down after 1 year in the position.
SNOW is falling based on revenue guidance.
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