Xponential Fitness shares are trading lower after the company reported worse-than-expected Q2 revenue results and cut its guidance.
Portfolio Pulse from Benzinga Newsdesk
Xponential Fitness shares are trading lower after the company reported worse-than-expected Q2 revenue results and cut its guidance.
August 02, 2024 | 12:13 pm
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Xponential Fitness shares are trading lower due to disappointing Q2 revenue results and a reduction in future guidance.
The company's worse-than-expected Q2 revenue results and reduced guidance are likely to negatively impact investor sentiment and lead to a short-term decline in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100