Elevation Oncology shares are trading lower after the company reported worse-than-expected Q1 GAAP EPS results.
Portfolio Pulse from Benzinga Newsdesk
Elevation Oncology's stock price declined following the announcement of disappointing Q1 GAAP EPS results.
May 02, 2024 | 4:00 pm
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NEGATIVE IMPACT
Elevation Oncology's shares fell due to worse-than-expected Q1 GAAP EPS results.
Elevation Oncology's stock price is directly impacted by its earnings report. As the Q1 GAAP EPS results were worse than expected, it negatively affects investor sentiment and could lead to a decrease in stock price in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100