SmartRent Says In Response To The Ongoing CEO Transition, It Will Temporarily Suspend The Annual Guidance
Portfolio Pulse from Benzinga Newsdesk
SmartRent has announced that due to the ongoing CEO transition, it will temporarily suspend its annual guidance.
August 07, 2024 | 12:06 pm
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SmartRent has decided to temporarily suspend its annual guidance due to the ongoing CEO transition. This move may create uncertainty among investors regarding the company's short-term performance.
The suspension of annual guidance during a CEO transition can lead to uncertainty about the company's short-term performance, potentially causing a negative impact on the stock price.
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