Bally's shares are trading lower after the company reported worse-than-expected Q3 results and lowered its FY23 revenue guidance.
Portfolio Pulse from Benzinga Newsdesk
Bally's Corporation reported disappointing Q3 results and reduced its FY23 revenue guidance, leading to a drop in its share price.
November 01, 2023 | 4:06 pm
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NEGATIVE IMPACT
Bally's Corporation's shares are trading lower due to poor Q3 results and a reduction in FY23 revenue guidance.
Bally's Corporation reported worse-than-expected Q3 results and lowered its FY23 revenue guidance. This negative financial performance is likely to decrease investor confidence, leading to a drop in the company's share price in the short term.
CONFIDENCE 100
IMPORTANCE 100
RELEVANCE 100