There is a lot to worry about for Snowflake stock owners as the company’s stock dips 8 percent after report

Snowflake stock took a hit earlier today after the company reported a number that wasn’t in line with the earning estimate on Wallstreet.  The company reported a loss of 70 cent per share, and it revenue came in at $228.9 million.  

Although, Snowflake revenue grew by 110% year over year for this fiscal quarter, its net loss went up to $203.2 million from 93.6 million. Snow stock has been beaten up a lot since its 52 weeks high of $429.00, it's now selling at $235.25 per share. 

Snow flakes market cap:  67.928 B