$Snowflake(SNOW)$Snowflake’s(NYSE:SNOW) share price has been battered this year and is down 49% since January. However, like a lot of tech stocks, it has been on the mend since mid-July and has climbed 11% higher over the past month as inflation begins to ease and investor sentiment improves as a result.
Snowflake, which specializes in cloud-based data storage and analytics service, went public in 2020 and is one of only a handful of tech stocks owned bylegendary investor Warren Buffett. It was also one of the few IPOs that Buffett has ever gotten in on.
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