Maxeon Solar shares are trading lower after the company reported mixed Q2 financial results and issued Q3 and FY23 revenue guidance below estimates.
Portfolio Pulse from Benzinga Newsdesk
Maxeon Solar reported mixed Q2 financial results and issued Q3 and FY23 revenue guidance below estimates, causing its shares to trade lower.
August 10, 2023 | 8:14 pm
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Maxeon Solar's shares are trading lower due to mixed Q2 results and lower than expected Q3 and FY23 revenue guidance.
Maxeon Solar's lower than expected revenue guidance for Q3 and FY23 indicates potential financial challenges, which could negatively impact investor sentiment and drive the stock price down in the short term.
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