As of 12:56 p.m. ET, shares of Snowflake (NYSE: SNOW), a hypergrowth cloud data platform, were down 4.9% after sliding as much as 7.4% in early morning trade.
The company's operational performance or recent news don't seem to be the cause of the sell-off; in fact, shares jumped last week on Snowflake's better-than-expected second-quarter earnings announcement.
But that might be what...