VWE Says Co Has Withdrawn Guidance For Fiscal 2024 In Connection With Mr. Kaufman's Review Of The Business
Portfolio Pulse from Benzinga Newsdesk
VWE has announced the withdrawal of its fiscal 2024 guidance due to a review of the business being conducted by Mr. Kaufman.

November 14, 2023 | 9:19 pm
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NEGATIVE IMPACT
VWE has withdrawn its fiscal 2024 guidance, which may lead to increased uncertainty and potential volatility in its stock price.
The withdrawal of fiscal guidance typically introduces uncertainty into the market, as investors rely on guidance for forecasting and valuation purposes. The lack of guidance from VWE could lead to decreased investor confidence and increased stock price volatility in the short term.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100