Sonder Holdings shares are trading lower after Oppenheimer downgraded the stock from Outperform to Perform.
Portfolio Pulse from Benzinga Newsdesk
Sonder Holdings' stock is trading lower after Oppenheimer downgraded it from Outperform to Perform.
May 22, 2023 | 5:18 pm
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NEGATIVE IMPACT
Sonder Holdings' shares are trading lower due to Oppenheimer's downgrade from Outperform to Perform.
Sonder Holdings' stock is directly impacted by the downgrade from Oppenheimer. The downgrade suggests that the stock may not perform as well as previously expected, leading to a decrease in investor confidence and a lower stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100