DexCom shares are trading lower after the company reported worse-than-expected Q2 revenue results and issued weak FY24 revenue guidance.
Portfolio Pulse from Benzinga Newsdesk
DexCom shares are trading lower after the company reported worse-than-expected Q2 revenue results and issued weak FY24 revenue guidance.
July 25, 2024 | 8:44 pm
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NEGATIVE IMPACT
DexCom shares are trading lower due to disappointing Q2 revenue results and weak FY24 revenue guidance.
The company's worse-than-expected Q2 revenue results and weak FY24 revenue guidance are likely to negatively impact investor sentiment and drive the stock price down in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100