consumption-based revenue model

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GlobeNewswire Inc.GlobeNewswire Inc.··Levi & Korsinsky, Llp

Snowflake Faces Major Securities Lawsuit Over Misleading Revenue Guidance

Securities class action filed against $SNOW alleging officers made materially misleading statements about revenue growth and 2029 targets, triggering 18% stock decline.
SNOWsecurities fraudstock decline