Snowflake Loses $154.9 Million
The Montana company, Snowflake went public last year and hasn’t reached profits in the black yet. They posted revenue of $334.4 million with a net loss of $154.9 million.
Peloton Shares Dove 32% in Premarket Trading
Shares of Peloton Interactive dove in premarket trading 32% following their report that the company had its smallest increase in new subscribers since it went public, 2 years ago.