StocksMedium•6 October 2026•
1 min read
Snowflake Shares Decline Following ASOS Security Breach Report
Key Facts
1Snowflake shares traded lower following reports linking its platform to a security breach at retailer ASOS.
Snowflake shares traded lower following reports linking its platform to a security breach at retailer ASOS. Seeking Alpha reported that the stock faced downward pressure on Tuesday after ASOS customers reportedly received notifications claiming hackers had compromised the retailer's Snowflake instance.
SNOW closed at $338.99 on October 5, 2026, prior to the emergence of these reports which have raised market concerns regarding potential liability and the integrity of the company's cloud environment. The stock had recorded a day high of $343 and a day low of $337.87 during that session.