--- title: "Snowflake Inc. (SNOW) Shareholders Are Encouraged to Reach Out to Johnson Fistel for More Information about Potentially Recovering Their Losses" type: "News" locale: "en" url: "https://longbridge.com/en/news/275939060.md" description: "Snowflake Inc. (SNOW) shareholders are urged to contact Johnson Fistel regarding potential recovery of losses following a significant stock price drop. The law firm is investigating whether Snowflake and its executives complied with federal securities laws after the company reported disappointing financial results on February 28, 2024, leading to an 18% decline in share price. Investors who suffered losses are encouraged to join the investigation at no cost. Johnson Fistel is a recognized law firm specializing in securities fraud and investor rights, with a strong track record in recovering funds for clients." datetime: "2026-02-13T19:32:56.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/275939060.md) - [en](https://longbridge.com/en/news/275939060.md) - [zh-HK](https://longbridge.com/zh-HK/news/275939060.md) --- > Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/275939060.md) | [繁體中文](https://longbridge.com/zh-HK/news/275939060.md) # Snowflake Inc. (SNOW) Shareholders Are Encouraged to Reach Out to Johnson Fistel for More Information about Potentially Recovering Their Losses **Snowflake Inc. (SNOW) Shareholders Are Encouraged to Reach Out to Johnson Fistel for More Information about Potentially Recovering Their Losses** Johnson Fistel, PLLP is investigating whether **Snowflake Inc.** (NYSE: SNOW) or its executive officers complied with the federal securities laws. The investigation focuses on investors’ losses and whether they may be recovered under federal securities laws. **What if I purchased Snowflake securities?** If you purchased Snowflake securities and suffered losses on your investment, join our investigation now: Click Here to Join the Investigation. Or for more information, contact Jim Baker at jimb@johnsonfistel.com or (619) 814-4471. There is no cost or obligation to you. **Background of the Investigation** On February 28, 2024, after the market closed, Snowflake announced its financial results for the fourth quarter and full fiscal year 2024, along with financial guidance for the full fiscal year 2025. During the accompanying earnings call, Company management discussed changes in customer behavior and the impact of certain product-related developments, which adversely affected the Company’s outlook. Following these disclosures, Snowflake’s stock price declined sharply. On February 29, 2024, the Company’s shares fell from a prior closing price of approximately $230.00 per share to close at $188.28 per share, a decline of $41.72 per share, or more than 18%, resulting in significant losses for investors. In light of this disclosure, Johnson Fistel is investigating whether Snowflake Inc. complied with the federal securities laws. If you suffered losses from your investment in Snowflake stock, contact Johnson Fistel. **About Johnson Fistel, PLLP | Top Law Firm – Securities Fraud & Investor Rights** Johnson Fistel, PLLP is a nationally recognized shareholder-rights law firm with offices in California, New York, Georgia, Idaho, and Colorado. The firm represents individual and institutional investors in shareholder derivative and securities class action lawsuits and also assists foreign investors who purchased shares on U.S. exchanges. To learn more, visit www.johnsonfistel.com. **Achievements** In 2024, Johnson Fistel was ranked among the Top 10 Plaintiff Law Firms by ISS Securities Class Action Services, having recovered approximately $90,725,000 for aggrieved clients in cases where it served as lead or co-lead counsel. This marked the eighth time the firm was recognized based on the total dollar value of final recoveries. Attorney advertising. Past results do not guarantee future outcomes. Services may be performed by attorneys in any of our offices. Johnson Fistel, PLLP has paid for the dissemination of this promotional communication, and Frank J. Johnson is the attorney responsible for its content. Johnson Fistel, PLLP 501 W. Broadway, Suite 800 San Diego, CA 92101 James Baker, Investor Relations – or – Frank J. Johnson, Esq. (619) 814-4471 | jimb@johnsonfistel.com | fjohnson@johnsonfistel.com View source version on businesswire.com: https://www.businesswire.com/news/home/20260213866620/en/ ### Related Stocks - [T-Rex 2X Long SNOW Daily Target ETF (SNOU.US)](https://longbridge.com/en/quote/SNOU.US.md) - [YieldMax SNOW Option Income Strategy ETF (SNOY.US)](https://longbridge.com/en/quote/SNOY.US.md) - [Snowflake Inc. (SNOW.US)](https://longbridge.com/en/quote/SNOW.US.md) ## Related News & Research - [Snowflake Inc. $SNOW Shares Sold by Level Four Advisory Services LLC](https://longbridge.com/en/news/277620560.md) - [William Blair Investment Management LLC Acquires New Shares in Snowflake Inc. $SNOW](https://longbridge.com/en/news/277357922.md) - [03:32 ETSnowflake Inc. Sued for Securities Law Violations - Contact the DJS Law Group to Discuss Your Rights - SNOW](https://longbridge.com/en/news/277903064.md) - [04:01 ETSnowflake Inc. 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