Sun Country Airlines shares are trading lower following weak Q1 earnings and soft Q2 guidance.
Portfolio Pulse from Benzinga Newsdesk
Sun Country Airlines reported disappointing Q1 earnings and provided a weaker than expected Q2 guidance, leading to a decline in its share price.
May 07, 2024 | 3:36 pm
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Sun Country Airlines reported lower than expected Q1 earnings and issued soft Q2 guidance, causing its shares to trade lower.
The disappointing Q1 earnings and the weaker than expected Q2 guidance directly impact investor sentiment and the stock's attractiveness, likely leading to a decrease in share price in the short term.
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