OneSpan shares are trading lower after the company reported a Q2 miss and issued weak guidance. DA Davidson downgraded the stock from Buy to Neutral.
Portfolio Pulse from Benzinga Newsdesk
OneSpan reported a Q2 miss and issued weak guidance, leading to a drop in its share price. DA Davidson downgraded the stock from Buy to Neutral.
August 10, 2023 | 4:29 pm
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NEGATIVE IMPACT
OneSpan's Q2 miss and weak guidance have negatively impacted its stock price. The stock was also downgraded by DA Davidson from Buy to Neutral.
OneSpan's weak Q2 results and guidance are likely to negatively impact investor sentiment, leading to a potential decrease in stock price. The downgrade by DA Davidson further supports this negative outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100