thredUP shares are trading lower after the company reported worse-than-expected Q3 financial results and issued Q4 and FY23 revenue guidance below estimates.
Portfolio Pulse from Benzinga Newsdesk
thredUP's shares are trading lower following the company's Q3 financial results, which were below expectations. The company also issued Q4 and FY23 revenue guidance below estimates.
November 07, 2023 | 5:25 pm
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thredUP's stock is trading lower due to worse-than-expected Q3 results and lower Q4 and FY23 revenue guidance.
thredUP's stock is trading lower as the company reported worse-than-expected Q3 results and issued lower than expected Q4 and FY23 revenue guidance. This indicates a potential slowdown in the company's growth, which is negatively impacting investor sentiment and causing a drop in the stock price.
CONFIDENCE 100
IMPORTANCE 100
RELEVANCE 100