Vivos Therapeutics shares are trading lower after the company reported a year-over-year decrease in Q1 sales results.
Portfolio Pulse from Benzinga Newsdesk
Vivos Therapeutics shares are trading lower following the announcement of a year-over-year decrease in Q1 sales results.
May 14, 2024 | 9:06 pm
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Vivos Therapeutics reported a year-over-year decrease in Q1 sales, leading to a decline in its share price.
The reported decrease in Q1 sales year-over-year is a direct indicator of reduced revenue performance for Vivos Therapeutics, which typically leads to negative investor sentiment and a decrease in stock price in the short term. Given the direct correlation between earnings reports and stock price movements, the impact is assessed with high confidence.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100