Olaplex shares are trading lower after the company reported worse-than-expected Q2 financial results and lowered FY23 outlook.
Portfolio Pulse from Benzinga Newsdesk
Olaplex reported worse-than-expected Q2 financial results and lowered its FY23 outlook, causing its shares to trade lower.
August 08, 2023 | 1:00 pm
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Olaplex's shares are trading lower due to worse-than-expected Q2 results and a lowered FY23 outlook.
Olaplex's shares are trading lower as a direct result of the company's worse-than-expected Q2 financial results and lowered FY23 outlook. This negative news is likely to impact investor confidence and could lead to a short-term decrease in the company's stock price.
CONFIDENCE 100
IMPORTANCE 100
RELEVANCE 100