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Snowflake latest enterprise company to feel Wall Streets wrath after good quarter

Snowflake reported earnings this week, and the results look strong with revenue more than doubling year-over-year.
However, while the companys fourth quarter revenue rose 117% to $190.5 million, it apparently wasnt good enough for investors, who have sent the companys stock tumbling since it reported Wednesday after the bell.
It was similar to the reaction that Salesforce received from Wall Street last week after it announced a positive earnings report. Snowflakes stock closed down around 4% today, a recovery compared to its midday lows when it was off nearly 12%.
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