James River Group Holdings shares are trading lower on continued downward momentum after the company on Wednesday reported worse-than-expected Q3 revenue results. Also, multiple firms downgraded the stock and lowered their respective price targets.
Portfolio Pulse from Benzinga Newsdesk
James River Group Holdings' shares are trading lower due to worse-than-expected Q3 revenue results and multiple firms downgrading the stock and lowering their price targets.
November 09, 2023 | 3:56 pm
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James River Group Holdings' stock is trading lower due to disappointing Q3 revenue results and multiple firms downgrading the stock and lowering their price targets.
James River Group Holdings reported worse-than-expected Q3 revenue results, which is a negative signal for investors. Additionally, multiple firms have downgraded the stock and lowered their price targets, further driving down the stock price.
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