Cameco Raises FY23 Revenue Guidance From C$2.2B-C$2.4B To C$2.4B-C$2.5B
Portfolio Pulse from Benzinga Newsdesk
Cameco has increased its revenue guidance for FY23 from C$2.2B-C$2.4B to C$2.4B-C$2.5B.
August 04, 2023 | 10:54 am
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POSITIVE IMPACT
Cameco's raised revenue guidance for FY23 could potentially lead to a positive impact on its stock price.
Companies often see their stock prices increase following positive financial news such as raised revenue guidance. This is because it indicates that the company is expecting to perform better financially in the future, which can make the stock more attractive to investors.
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