BILL shares are trading lower after the company cut FY24 guidance.
Portfolio Pulse from Benzinga Newsdesk
BILL shares are trading lower after the company cut its FY24 guidance.
November 02, 2023 | 8:53 pm
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NEGATIVE IMPACT
BILL's stock price is trading lower due to the company's decision to cut its FY24 guidance.
The company's decision to cut its FY24 guidance indicates a potential decrease in future earnings, which is negatively impacting investor sentiment and causing the stock price to drop.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100