Scripps shares are trading lower, reversing after gaining after hours Thursday on strong guidance.
Portfolio Pulse from Benzinga Newsdesk
Scripps shares are trading lower, reversing gains from after-hours trading on Thursday due to strong guidance.
May 10, 2024 | 3:46 pm
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Scripps shares are trading lower, reversing the gains made after hours on Thursday following the announcement of strong guidance.
The reversal in Scripps shares' price, despite strong guidance, suggests a short-term negative sentiment among investors. This could be due to profit-taking after the initial surge or broader market conditions affecting investor confidence.
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