
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.