Mogo Says 'we are disappointed with the decline in stock price Mogo has experienced in recent weeks, which we believe is disconnected from our business fundamentals' And Reaffirms 2023 Targets
Portfolio Pulse from Benzinga Newsdesk
Mogo Inc. has expressed disappointment over the recent decline in its stock price, which it believes is not reflective of its business fundamentals. The company has reaffirmed its 2023 targets.
October 30, 2023 | 12:15 pm
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NEUTRAL IMPACT
Mogo Inc. has reaffirmed its 2023 targets despite the recent decline in its stock price. The company believes the stock price decline is not reflective of its business fundamentals.
Mogo Inc. has reaffirmed its 2023 targets, indicating confidence in its business strategy and future performance. This could potentially reassure investors and stabilize the stock price. However, the recent decline in stock price suggests market skepticism, which may continue to exert downward pressure in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100