Revenue announcements are critical for investor sentiment, especially when they miss estimates. Nuvve Holding's announcement of preliminary FY23 revenue exceeding $8M but falling short of the $8.9M estimate could lead to negative investor sentiment and a potential short-term decrease in stock price. This is because financial performance, particularly revenue figures, is a key indicator of a company's health and growth prospects. Missing estimates can be interpreted as a sign of underperformance, leading to decreased investor confidence.