O-I Glass shares are trading lower after the company lowered its FY24 guidance.
Portfolio Pulse from Benzinga Newsdesk
O-I Glass shares are trading lower after the company lowered its FY24 guidance.
July 30, 2024 | 8:28 pm
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NEGATIVE IMPACT
O-I Glass shares are trading lower after the company lowered its FY24 guidance, indicating potential challenges ahead.
The lowering of FY24 guidance by O-I Glass suggests that the company anticipates lower-than-expected performance in the upcoming fiscal year. This has led to a negative market reaction, causing the stock price to drop.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100