Snowflake Stock In The Green Despite Berkshire Exit ... - Stocktwits

Aug 15, 2024 · While the stock has rebounded more than 5% over the last week, retail investors on Stocktwits — where Snowflake has over 48,000 followers — remain unconvinced. Many …

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Snowflake Stock In The Green Despite Berkshire Exit ... - Stocktwits

1 week from now

Aug 15, 2024 · While the stock has rebounded more than 5% over the last week, retail investors on Stocktwits — where Snowflake has over 48,000 followers — remain unconvinced. Many …

stocktwits.com

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Warren Buffett Fully Exited A Stock That Wall Street Predicts

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Oct 9, 2024 · The sales have allowed Buffett to amass a cash pile of about $280 billion, which is seen as potentially impacting the stock market in general.. Wall Street analysts remain bullish …

finbold.com

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1 Critical Reason Snowflake Stock Has Declined By 56%

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Mar 6, 2024 · It was one of the hottest stocks when it went public in 2020, even attracting a small investment from Warren Buffett's Berkshire Hathaway. While Snowflake stock still trades …

fool.com

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Snowflake Stock Jumps Over 21% In Premarket Following Beat

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Nov 21, 2024 · Artificial intelligence data cloud company Snowflake, Inc. reported Wednesday after the market close fiscal year third-quarter results that exceeded estimates and upped its …

stocktwits.com

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3 Red Flags For Snowflake's Future - The Motley Fool

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Aug 21, 2024 · It's been a tough four years for Snowflake (SNOW 0.60%).The cloud-based data warehousing company went public at $120 per share on Sept. 16, 2020, more than doubled …

fool.com

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Warren Buffett's Berkshire Hathaway Sells Its Snowflake Stock.

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Aug 21, 2024 · But it would seem the crew over at Berkshire has lost faith in Snowflake. Berkshire bought Snowflake stock at a pre-IPO price of $120 per share, which was a fantastic deal since …

yahoo.com

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Warren Buffett Ditches His Near-$1B Snowflake Investment

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Aug 16, 2024 · Berkshire Hathaway has offloaded nearly $1 billion in Snowflake stock as it exits the former IPO chart-smashing cloud data warehousing and analytics specialist. According to …

theregister.com

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Warren Buffett’s Exit From Snowflake Stock: An Investor’s Dilemma

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Aug 22, 2024 · Berkshire initially invested in Snowflake during its IPO in September 2020, showing Buffett’s first foray into IPO waters in decades. Currently valued at $44.1 billion by …

bullsalpha.com

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Warren Buffett Ditches His Near-$1B Snowflake Investment

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Oracle of Omaha's exit follows revenue growth shortfall, CEO switch, and customer data leak Berkshire Hathaway has offloaded nearly $1 billion in Snowflake stock as it exits the former …

msn.com

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Berkshire Hathaway Exits Snowflake Investment Amid Concerns …

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Aug 16, 2024 · Warren Buffett's Berkshire Hathaway has completely divested its stake in cloud computing firm Snowflake (SNOW), selling 6.1 million shares valued at approximately $989 …

folikoinsights.com

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Buy, Sell Or Hold: Snowflake (SNOW-N) — Stock ... - Stockchase

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5 days ago · Despite fantastic quarter, very expensive on any financial metric. PE of over 100, for 25-30% revenue growth. Free cashflow yield is very low at 1-2%. ... What is Snowflake stock …

stockchase.com

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Did Warren Buffett Dump This Artificial Intelligence (AI) Stock Too ...

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Nov 26, 2024 · That represents a total return of just 12% over the four-year period -- considering Berkshire stock averages a return of 19.8% every year, Snowflake was a drag on its portfolio, …

fool.com

FAQs about Snowflake Stock In The Green Despite Berkshire Exit ... - Stocktwits Coupon?

Did Berkshire invest in Snowflake?

When Berkshire first bought Apple shares, it was still growing but was also dirt cheap. But it would seem the crew over at Berkshire has lost faith in Snowflake. Berkshire bought Snowflake stock at a pre-IPO price of $120 per share, which was a fantastic deal since the stock began trading at around $245 that day. ...

Did Warren Buffett sell Snowflake stock?

Warren Buffett's Berkshire Hathaway Sells Its Snowflake Stock. Don't Follow. Berkshire squeaked out a small profit from its investment. Berkshire investors not named Warren could have been behind this move. Snowflake still has massive potential ahead, thanks to the AI arms race. Berkshire had owned shares of Snowflake since its 2020 IPO. ...

Why did Berkshire Hathaway sell Snowflake stock?

Berkshire Hathaway's sale of Snowflake stock wasn't because of the data breach or the sudden replacement of Frank Slootman with Sridhar Ramaswamy as the CEO. Instead, it could have been a correct decision because Snowflake was inconsistent with Buffett's philosophy and, by extension, Berkshire's philosophy. ...

Did Berkshire invest in Snowflake before IPO?

Berkshire invested in Snowflake before its initial public offering ( IPO) when the company was still private. When the stock debuted in the public markets in 2020, Berkshire held a position of 6.1 million shares, which it held since the IPO. From a conservative investor's point of view, that may have been the right decision. ...

Why did Berkshire Combs sell Snowflake stock?

Not only that, Snowflake named Sridhar Ramaswamy as its CEO earlier this year. He may be up for the task, but Combs had a personal connection with Slootman. So this may have played into Berkshire's decision to sell Snowflake stock as well. ...

Is Snowflake stock a bargain?

Snowflake's stock has declined by 36% this year, but trading at a ratio of 12 times this year's sales, it doesn't look like a bargain. I gave it the benefit of the doubt as long as Berkshire Hathaway was still an investor, but the recent liquidation of that position suggests that its weaknesses could offset its strengths. ...