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MarketBeat
MarketBeat
Jordan Chussler

Snowflake Is Up Nearly 50% in 2026—What Are Short Sellers Betting Against?

Establishing fair market value in 2026 has become a tricky proposition. That is particularly true of pre-profit, high-flying tech stocks.

Such is the case for Snowflake (NYSE: SNOW). Despite a 50% year-to-date (YTD) gain, the cloud-native data platform provider remains one of the market’s most heavily shorted stocks.

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