Snowflake Surges 2.10% on 43.94% Volume Spike to $840M Ranks 113th in Market Activity as Top Future 50 Firm

On Sept. 15, 2025, , ranking 113th in market activity. The stock’s performance followed its recognition as the top company on Fortune’s 2025 Future 50™ list, a ranking highlighting firms with long-term growth potential. Snowflake CEO emphasized the platform’s role in accelerating innovation through data and AI, citing clients like Cambia Health Solutions and Thomson Reuters leveraging its tools for healthcare analytics and enterprise insights.

Fortune’s ranking, developed with Boston Consulting Group, , technology, and culture. Snowflake’s second consecutive top-10 placement underscores its leadership in the AI data cloud sector. The firm also announced Brian Robins as its new CFO, replacing Mike Scarpelli, with Robins highlighting Snowflake’s central role in the AI revolution. , outpacing estimates.

Back-testing analysis of high-volume stocks reveals two approaches to assess performance. The first method evaluates individual stocks’ returns on days they rank among the top 500 by trading volume. The second constructs a synthetic index by daily rebalancing an equal-weighted basket of these names. While the former is feasible with current tools, the latter requires external computation. Both aim to determine whether high-volume activity correlates with subsequent price movements, offering insights into market dynamics for actively traded securities.