Johnson Controls shares are trading lower following a Q3 revenue miss.
Portfolio Pulse from Benzinga Newsdesk
Johnson Controls reported a miss on Q3 revenue, leading to a decrease in its share price.
August 04, 2023 | 11:53 am
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NEGATIVE IMPACT
Johnson Controls' Q3 revenue miss has led to a decrease in its share price.
Johnson Controls' lower than expected Q3 revenue is a negative signal to investors, leading to a decrease in demand for its shares and thus a decrease in its share price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100