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Snowflake Inc. reported strong Q1 earnings, yet saw mixed investment activity from shareholders.
Snowflake Inc. saw mixed investment activity as MRP Capital Investments bought shares while other firms reduced their holdings.
The company reported strong financials, beating earnings and revenue expectations, with a Q1 EPS of $0.24.
Despite a negative net margin and return on equity, Snowflake's stock has a market cap of $73.30 billion and is viewed with a "Moderate Buy" rating.
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Snowflake Inc. reportó fuertes ganancias del primer trimestre, pero vio una actividad de inversión mixta por parte de los accionistas.