Core & Main shares are trading lower after the company reported a Q2 miss and narrowed its FY23 guidance.
Portfolio Pulse from Benzinga Newsdesk
Core & Main reported a Q2 miss and narrowed its FY23 guidance, leading to a decrease in its share prices.
September 06, 2023 | 5:12 pm
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Core & Main's shares are trading lower after the company reported a Q2 miss and narrowed its FY23 guidance.
Core & Main's Q2 earnings miss and the narrowing of its FY23 guidance are negative indicators for the company's performance. This has led to a decrease in its share prices, indicating a negative short-term impact on the stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100