Diageo hares are trading lower after the company said it expects slower growth in H1 FY24 than H2 FY23 due to weaker conditions in Latin America and Caribbean.
Portfolio Pulse from Benzinga Newsdesk
Diageo shares are trading lower after the company announced it expects slower growth in H1 FY24 than H2 FY23 due to weaker conditions in Latin America and the Caribbean.
November 10, 2023 | 12:42 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Diageo's stock is trading lower due to the company's announcement of expected slower growth in H1 FY24, attributed to weaker conditions in Latin America and the Caribbean.
Diageo's announcement of slower growth expectations for H1 FY24 due to weaker conditions in Latin America and the Caribbean has led to a decrease in its stock price. This news is directly relevant to the company and is likely to impact investor sentiment, potentially leading to further price drops in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100