Why Aehr Test Systems Shares Are Trading Lower By 15%; Here Are 20 Stocks Moving Premarket
Portfolio Pulse from Avi Kapoor
Aehr Test Systems (NASDAQ:AEHR) shares dropped by 15% in pre-market trading due to the company's revised full-year revenue guidance, citing expected delays in new orders. Other stocks also experienced significant movements in pre-market trading, with various companies such as Exicure, Inc. (NASDAQ:XCUR) and iCoreConnect Inc. (NASDAQ:ICCT) seeing gains due to specific catalysts like patent grants and strategic acquisitions, respectively.
January 10, 2024 | 1:03 pm
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Aehr Test Systems shares fell by 15% in pre-market trading after the company lowered its full-year revenue guidance due to delays in new orders.
The reduction in revenue guidance is a direct indicator of potential financial underperformance, which typically leads to a negative investor sentiment and a decrease in stock price in the short term.
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