Flex shares are trading lower after the company reported Q4 financial results and issued guidance.
Portfolio Pulse from Benzinga Newsdesk
Flex shares are trading lower following the announcement of their Q4 financial results and the issuance of their guidance.
May 01, 2024 | 12:22 pm
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NEGATIVE IMPACT
Flex's stock price has decreased following the release of their Q4 financial results and guidance.
The decline in Flex's stock price is directly attributed to the market's reaction to their Q4 financial results and the guidance they provided. Typically, negative earnings reports or disappointing future guidance can lead to a decrease in stock price as investors adjust their expectations.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100