SunOpta shares are trading higher after the company raised its FY24 revenue guidance.
Portfolio Pulse from Benzinga Newsdesk
SunOpta shares are trading higher following the company's announcement of an increase in its FY24 revenue guidance.
May 08, 2024 | 10:46 pm
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SunOpta's stock price is experiencing an uptick due to the company raising its FY24 revenue guidance.
Raising revenue guidance typically signals to investors that a company is performing well and expects stronger future growth, which can lead to increased investor confidence and a rise in stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100