Playtika Holding shares are trading lower after the company reported worse-than-expected Q3 financial results and issued FY23 revenue guidance below estimates.
Portfolio Pulse from Benzinga Newsdesk
Playtika Holding reported worse-than-expected Q3 financial results and issued FY23 revenue guidance below estimates, causing its shares to trade lower.
November 08, 2023 | 5:03 pm
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NEGATIVE IMPACT
Playtika's shares are trading lower due to worse-than-expected Q3 results and lower FY23 revenue guidance.
Playtika's shares are trading lower as the company reported worse-than-expected Q3 results and issued FY23 revenue guidance below estimates. This negative financial performance is likely to impact investor confidence and could lead to a short-term decrease in the company's stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100