Menu
Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Snowflake Stock Fell Today -- Is It a Buy for 2024?


Snowflake (NYSE: SNOW) stock tumbled Tuesday. The company's share price closed out the first daily trading session in 2024 down 5%, according to data from S&P Global Market Intelligence.

There wasn't any business-specific news behind today's big stock pullback, but Snowflake lost ground as some big tech-sector news prompted a rise in bearish sentiment. analyst Tim Long downgraded his rating on Apple from "neutral" to "underweight" and lowered the firm's one-year price target on the stock from $161 per share to $160 per share. In addition to the high-profile ratings downgrade, news hit that ASML would halt exports of its advanced semiconductor-fabrication machines following pressure from the U.S. government.

These combined catalysts prompted widespread sell-offs for growth-dependent tech stocks, and Snowflake was caught up in the pullback.

Continue reading


Source Fool.com

Barclays plc Stock

€2.60
-5.070%
Heavy losses for Barclays plc today as the stock fell by -€0.139 (-5.070%).
With 0 Sell predictions and 1 Buy predictions the community sentiment towards the Barclays plc stock is not clear.
With a target price of 3 € there is a slightly positive potential of 15.21% for Barclays plc compared to the current price of 2.6 €.
Like: 0
Share

Comments