YahooSeptember 28, 2026 at 9:45 AM NY29 Days Ago
Snowflake Slides 4% on Proposed $3.5B Convertible Offering; Oracle Falls 3%, Datadog Drops 4%
A $3.5 billion convertible note plan from Snowflake (NYSE:SNOW) weighs on Snowflake stock. Even so, the data cloud company structured the deal specifically to limit the dilution sellers appear to be pricing in. Snowflake stock is at $321.65, down 4%, but still up 47.59% year to date. Selling is spreading across other highly valued cloud […]
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