Let It Snow

By -

I had forgotten about the September IPO Snowflake (symbol SNOW) but was reminded of it by news of its first earnings report. This company – – which I imagine, oh, about 99.5% of the country has never heard of, has a market cap of about $111 billion now. Of course, there’s no ridiculous P/E to report since there is no “E”. 1999 called, and it wants its fundamentals back.

slopechart SNOW