CDW shares are trading lower after the company reported worse-than-expected Q1 financial results.
Portfolio Pulse from Benzinga Newsdesk
CDW shares are trading lower following the announcement of their Q1 financial results, which did not meet expectations.
May 01, 2024 | 2:02 pm
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NEGATIVE IMPACT
CDW's stock price is down after reporting disappointing Q1 financial results.
CDW's stock price decline is directly tied to the company's Q1 financial performance not meeting analyst expectations. This typically leads to a negative short-term reaction in the stock market as investors adjust their expectations based on the new financial data.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100