BorgWarner shares are trading lower on continued downward momentum after the company yesterday reported weak FY23 guidance.
Portfolio Pulse from Benzinga Newsdesk
BorgWarner's shares are trading lower due to continued downward momentum following the company's weak FY23 guidance report.
August 04, 2023 | 1:55 pm
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NEGATIVE IMPACT
BorgWarner's weak FY23 guidance has led to a decrease in its share price.
BorgWarner's weak FY23 guidance has negatively impacted investor sentiment, leading to a decrease in its share price. This trend is expected to continue in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100