Perion Network shares are trading lower after the company cut its Q2 and FY24 revenue outlook.
Portfolio Pulse from Benzinga Newsdesk
Perion Network shares are trading lower after the company cut its Q2 and FY24 revenue outlook.
June 10, 2024 | 11:26 am
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NEGATIVE IMPACT
Perion Network shares are trading lower due to a reduction in the company's Q2 and FY24 revenue outlook.
The reduction in revenue outlook for both Q2 and FY24 is a significant negative indicator for investors, leading to a drop in share price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100