We came across a bearish thesis on Snowflake Inc. (SNOW) on Substack by Elliot. In this article, we will summarize the bears’ thesis on SNOW. Snowflake Inc. (SNOW)'s share was trading at $173.70 as of Nov 27th. SNOW’s forward P/E was 188.68 according to Yahoo Finance.
[caption id="attachment_1196210" align="aligncenter" width="768"]Snowflake (SNOW) delivered impressive Q3 results, sending shares up 30%. Product revenue grew 29% YoY, exceeding analyst...
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