OptimizeRx Corporation shares are trading lower after the company reported worse-than-expected Q2 revenue results. Additionally, multiple firms lowered their respective price targets on the stock.
Portfolio Pulse from Benzinga Newsdesk
OptimizeRx Corporation's shares are trading lower following the company's disappointing Q2 revenue results. Several firms have also reduced their price targets for the stock.
August 15, 2023 | 3:34 pm
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OptimizeRx Corporation's stock is trading lower due to worse-than-expected Q2 revenue results and lowered price targets by multiple firms.
OptimizeRx Corporation's Q2 revenue results were below expectations, which is a negative signal to investors and can lead to a decrease in the stock price. Additionally, the lowering of price targets by multiple firms indicates a less optimistic outlook for the stock, which can further drive the price down.
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