Snowflake dips after report says co to buy Observe for $1 bln

Snowflake

24/12/2025 16:21

** Cloud data analytics firm Snowflake's SNOW.N shares fall 1.7% to $221.18

** The Information reports co is in talks to buy app monitoring startup Observe for $1 bln

** Deal expected to be biggest for SNOW - report

** Observe's tools help detect and resolve issues in app systems

** Including session's moves, SNOW up 43.5% YTD

 (Reporting by Utkarsh Tushar Hathi)

 ((utkarshtushar.hathi@thomsonreuters.com))