Coherus BioSciences shares are trading lower after the company reported mixed Q3 financial results and lowered guidance.
Portfolio Pulse from Benzinga Newsdesk
Coherus BioSciences reported mixed Q3 financial results and lowered its guidance, leading to a decrease in its share price.
November 07, 2023 | 2:34 pm
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Coherus BioSciences' mixed Q3 results and lowered guidance have negatively impacted its stock price.
Coherus BioSciences reported mixed Q3 results, which indicates uncertainty in the company's performance. Additionally, the company lowered its guidance, which is often interpreted by the market as a sign of future underperformance. These factors have led to a decrease in the company's share price.
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