Snowflake Stock Will Plunge 25% to $175, According to This Analyst

Snowflake Stock Will Plunge 25% to $175, According to This Analyst

On Monday, Nandury urged investors to sell Snowflake stock. If he's correct, shareholders in the recent initial public offering could sustain losses of roughly 25%. Analyst Srini Nandury says Snowflake's stock could lose a quarter of its value.