Snowflake’s Trading Volume Plunges 54.77% to 60th Rank Amid 1.66% Rally

On September 5, 2025, , , . .

Recent strategic shifts and earnings performance have influenced Snowflake’s trajectory. , . , breaking through key resistance levels. However, the stock struggled to maintain momentum, lagging behind broader market rebounds and failing to sustain gains following a technical pullback. Traders adopted cautious positions, .

Leadership changes and operational updates further shaped investor focus. was appointed as CFO, succeeding , who is retiring. Deutsche Bank reiterated a buy rating ahead of earnings, anticipating stronger-than-expected product revenue growth. Meanwhile, Snowflake’s Q2 results exceeded Wall Street forecasts, with product revenue guidance above expectations, signaling renewed confidence in data modernization’s role in AI projects.

I understand you’d like to evaluate a daily-rebalanced portfolio that buys the 500 most actively traded stocks each day and closes the position the next day (i.e., a 1-day holding period), covering the period from 2022-01-01 through today.