PLBY Group shares are trading lower after the company reported worse-than-expected Q3 EPS results.
Portfolio Pulse from Benzinga Newsdesk
PLBY Group's stock price is trading lower due to the company reporting third-quarter earnings per share (EPS) results that were below market expectations.
November 10, 2023 | 4:43 pm
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PLBY Group's shares are down following the announcement of third-quarter EPS results that did not meet analysts' expectations.
Earnings reports are critical events for investors, and a miss in EPS can significantly affect investor sentiment and the stock price. Given that PLBY Group reported worse-than-expected EPS, it is likely that the stock price will experience downward pressure in the short term as the market adjusts to the new information.
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