Olo shares are trading lower after the company reported Q3 financial results. Following earnings, William Blair downgraded the stock from Outperform to Market Perform.
Portfolio Pulse from Benzinga Newsdesk
Olo's shares are trading lower following the release of its Q3 financial results.
November 07, 2023 | 6:04 pm
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NEGATIVE IMPACT
Olo's stock price has decreased following the announcement of its Q3 financial results.
The company's Q3 financial results have not met market expectations, leading to a decrease in the stock price. Investors are reacting to the news by selling their shares, which is causing the price to drop.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100