Methode Electronics, Inc shares are trading lower after the company reported mixed Q1 results and dismal Q2 guidance.
Portfolio Pulse from Benzinga Newsdesk
Methode Electronics, Inc reported mixed Q1 results and provided a disappointing Q2 guidance, leading to a drop in its share price.
September 07, 2023 | 12:28 pm
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NEGATIVE IMPACT
Methode Electronics' stock is trading lower due to mixed Q1 results and disappointing Q2 guidance.
Methode Electronics' mixed Q1 results and poor Q2 guidance are likely to negatively impact investor sentiment, leading to a decrease in the company's share price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100