Why Snowflake Stock Jumped Sharply on Friday

Shares of Snowflake (NYSE: SNOW), a cloud-based data warehouse company, jumped on Friday. The stock rose as much as 10.4%. As of 11:00 a.m. EST, however, the stock was up 7%.

The stock's gain was likely fueled by a combination of an upbeat day in the overall market and particular strength in growth stocks like Snowflake.

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Source Fool.com