CoStar Group shares are trading lower after the company cut its FY24 revenue guidance.
Portfolio Pulse from Benzinga Newsdesk
CoStar Group shares are trading lower after the company cut its FY24 revenue guidance.
July 23, 2024 | 8:49 pm
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CoStar Group shares are trading lower due to a reduction in the company's FY24 revenue guidance.
The reduction in FY24 revenue guidance is a significant negative signal for investors, indicating potential challenges in the company's future performance. This has led to a decline in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100