Belden shares are trading lower after the company lowered Q3 revenue guidance below estimates.
Portfolio Pulse from Benzinga Newsdesk
Belden has lowered its Q3 revenue guidance below estimates, causing its shares to trade lower.

October 13, 2023 | 1:35 pm
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NEGATIVE IMPACT
Belden's shares are trading lower due to the company lowering its Q3 revenue guidance below estimates.
Belden's decision to lower its Q3 revenue guidance below estimates has negatively impacted investor sentiment, leading to a decrease in the company's share price. This indicates a potential short-term downward trend for Belden's stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100