WESCO shares are trading lower after the company reported worse-than-expected Q2 financial results and cut its FY24 sales growth guidance.
Portfolio Pulse from Benzinga Newsdesk
WESCO shares are trading lower after the company reported worse-than-expected Q2 financial results and cut its FY24 sales growth guidance.
August 01, 2024 | 11:19 am
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WESCO shares are trading lower due to disappointing Q2 financial results and a reduction in FY24 sales growth guidance.
The company's worse-than-expected Q2 financial results and the reduction in FY24 sales growth guidance are likely to negatively impact investor sentiment and the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100