Insulet shares are trading lower after the company announced a CFO transition and reaffirmed Q3 and FY23 guidance.
Portfolio Pulse from Benzinga Newsdesk
Insulet Corporation announced a CFO transition and reaffirmed its Q3 and FY23 guidance. This news led to a decrease in the company's share price.

October 04, 2023 | 2:24 pm
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Insulet Corporation's shares are trading lower after the company announced a CFO transition and reaffirmed its Q3 and FY23 guidance.
The announcement of a CFO transition often leads to uncertainty among investors, which can result in a decrease in the company's share price. Additionally, reaffirming guidance, rather than increasing it, may have disappointed some investors, contributing to the stock's decline.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100