Why Fortinet Shares Are Trading Lower By Around 17%? Here Are Other Stocks Moving In Friday's Mid-Day Session
Portfolio Pulse from Lisa Levin
The article lists the stocks that have gained and lost the most in Friday's mid-day session. Among the gainers, Benson Hill, Inc. (BHIL) shares jumped 48.1% to $0.3740, and Seres Therapeutics, Inc. (MCRB) climbed 45.9% to $1.20 after posting a narrower-than-expected quarterly loss. Among the losers, Inseego Corp (INSG) shares fell 35% to $0.3370 after reporting worse-than-expected Q3 results, and Fortinet Inc (FTNT) shares fell 16.8% to $47.92 after reporting mixed Q3 results and issuing FY23 revenue guidance below estimates.
November 03, 2023 | 5:26 pm
News sentiment analysis
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NEGATIVE IMPACT
Fortinet Inc shares fell 16.8% to $47.92 after reporting mixed Q3 results and issuing FY23 revenue guidance below estimates.
The stock price decreased significantly due to mixed quarterly results and lower-than-expected revenue guidance.
CONFIDENCE 100
IMPORTANCE 100
RELEVANCE 100
NEGATIVE IMPACT
Inseego Corp shares fell 35% to $0.3370 after reporting worse-than-expected Q3 results.
The stock price decreased significantly due to worse-than-expected quarterly results.
CONFIDENCE 100
IMPORTANCE 100
RELEVANCE 100
POSITIVE IMPACT
Benson Hill, Inc. shares jumped 48.1% to $0.3740.
The stock price increased significantly, indicating positive investor sentiment.
CONFIDENCE 100
IMPORTANCE 100
RELEVANCE 100
POSITIVE IMPACT
Seres Therapeutics, Inc. shares climbed 45.9% to $1.20 after posting a narrower-than-expected quarterly loss.
The stock price increased significantly due to better-than-expected quarterly results.
CONFIDENCE 100
IMPORTANCE 100
RELEVANCE 100