Wetouch Technology shares are trading higher after the company issued FY24 revenue guidance.
Portfolio Pulse from Benzinga Newsdesk
Wetouch Technology shares are trading higher following the company's issuance of its FY24 revenue guidance.

April 22, 2024 | 2:59 pm
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Wetouch Technology shares are experiencing an uptick after the company provided positive revenue guidance for FY24.
The announcement of revenue guidance is a critical indicator of a company's future financial health and performance. Positive guidance often leads to increased investor confidence and a subsequent rise in stock prices. Given that Wetouch Technology has issued its FY24 revenue guidance, this directly impacts investor perception and the company's market valuation in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100