Snowflake Inc. (SNOW) jumped 10.15 percent to $198.17 on Thursday, gaining $19.05. The other day, the company reported strong revenue growth for the first quarter of 2025. Revenue rose to $1.04 billion, up from $828.7 million in the same period last year, beating market expectations.
The stock opened at $192.00 and climbed as high as $201.18 during the session, with volume surging to 16.9 million shares, well above the average of 5.4 million on the New York Stock Exchange. Snowflake closed the prior session at $179.12. Snowflake shares have traded between $107.13 and $201.18 over the past 52 weeks.
Despite the revenue growth, the company posted a net loss of $430.0 million, widening from a loss of $317.8 million a year ago.
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June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.