28
Aug
Updated: Shares of the cloud data warehouse giant Snowflake Inc. were battered and bruised in extended trading today, even though the company delivered solid second-quarter results and guidance that came in above expectations. The company’s stock fell more than 7% after-hours, with analysts saying that its likely shareholders are concerned over the possibility of a second-half revenue deceleration implied by the outlook. Update: Shares closed down almost 15% Thursday. Snowflake reported second-quarter earnings before certain costs such as stock compensation of 18 cents per share, while revenue jumped 29%, to $868 million. The numbers were better than expected, since analysts…