Altair shares are trading lower after the company issued weak guidance.
Portfolio Pulse from Benzinga Newsdesk
Altair Engineering Inc. (ALTR) shares are trading lower after the company issued weak guidance.
August 04, 2023 | 4:39 pm
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Altair's stock price is expected to decrease in the short term due to the company's weak guidance.
Companies often see a decrease in their stock price following the issuance of weak guidance. This is because weak guidance can indicate potential future earnings shortfalls, which can make the stock less attractive to investors.
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