Snowflake is trading 6.13% down at ARS 13,640.00 as software and growth stocks retreat alongside a 1.15% decline in the Nasdaq.
- The move aligns with a broader market rotation out of the technology sector, specifically impacting semiconductors and AI-linked names.
- No company-specific news was identified; the downward pressure appears tied to market-wide caution regarding AI infrastructure spending and a softening risk appetite.