Power Integrations shares are trading lower following weak Q3 guidance.
Portfolio Pulse from Benzinga Newsdesk
Power Integrations has provided weak guidance for Q3, leading to a decrease in its share price.
August 04, 2023 | 4:18 pm
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NEGATIVE IMPACT
Power Integrations' shares are trading lower due to weak Q3 guidance.
Power Integrations' weak Q3 guidance indicates potential underperformance in the upcoming quarter. This negative outlook has led to a decrease in the company's share price, as investors adjust their expectations for the company's future performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100