Beauty Health shares are trading lower after the company reported worse-than-expected Q3 financial results and revised guidance.
Portfolio Pulse from Benzinga Newsdesk
Beauty Health reported disappointing Q3 financial results and issued revised guidance, leading to a decline in its stock price.
November 13, 2023 | 9:25 pm
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Beauty Health, trading as SKIN, saw its shares fall following a report of weaker-than-expected Q3 results and a revision of its future guidance.
The negative reaction in Beauty Health's stock price is directly tied to the company's financial performance, which fell short of market expectations. The revised guidance suggests that future performance may also be underwhelming, which typically leads to a decrease in investor confidence and a subsequent drop in stock price.
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IMPORTANCE 90
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