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Benzinga

Business

Evette Mitkov

What's Going On With The Upswing In Snowflake Stock?

Snowflake SNOW MongoDB MongoDB Inc

Snowflake Tops Picks

Snowflake Inc (NASDAQ:SNOW) shares are jumping on Tuesday, moving in tandem with MongoDB Inc (NASDAQ:MDB) after both data platform companies saw their stocks jump in after-hours trading Monday.

What To Know: Snowflake and MongoDB are both data platform companies serving enterprise customers with cloud-based solutions. Investors appear to be anticipating upbeat earnings from Snowflake, set to be released Wednesday, Dec. 3 after market close, following MongoDB’s strong results.

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