Hilton Grand Vacations shares are trading lower after the company reported worse-than-expected Q2 financial results and cut its FY24 adjusted EBITDA guidance.
Portfolio Pulse from Benzinga Newsdesk
Hilton Grand Vacations shares are trading lower after the company reported worse-than-expected Q2 financial results and cut its FY24 adjusted EBITDA guidance.
August 08, 2024 | 12:27 pm
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Hilton Grand Vacations shares are trading lower due to disappointing Q2 financial results and a reduction in FY24 adjusted EBITDA guidance.
The company's worse-than-expected Q2 financial results and the downward revision of FY24 adjusted EBITDA guidance are likely to negatively impact investor sentiment and the stock price in the short term.
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