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Snowflake's Management Lowers Its Expectations as Growth Cools. Is It Time to Sell the Stock?

Snowflake's Management Lowers Its Expectations as Growth Cools. Is It Time to Sell the Stock?

Well, Snowflake's management just lowered its revenue growth guidance and expects the company to grow at its slowest pace ever. However, management's guidance also implies about 28% to 29% year-over-year revenue growth in just the second half of fiscal 2024.