Apyx Medical shares are trading lower following soft FY24 guidance.
Portfolio Pulse from Benzinga Newsdesk
Apyx Medical's stock is trading lower due to the company providing weaker than expected financial guidance for the fiscal year 2024.
March 21, 2024 | 11:56 am
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Apyx Medical's shares are trading lower following the announcement of soft financial guidance for FY24.
The announcement of weaker than expected financial guidance for FY24 directly impacts investor sentiment towards Apyx Medical, leading to a decrease in stock price in the short term. This is a common reaction in the stock market when companies announce financial forecasts that do not meet analysts' expectations.
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