Intellicheck shares are trading lower after the company reported worse-than-expected Q2 revenue results. DA Davidson downgraded the stock to Neutral following the report.
Portfolio Pulse from Benzinga Newsdesk
Intellicheck shares are trading lower after the company reported worse-than-expected Q2 revenue results. DA Davidson downgraded the stock to Neutral following the report.
August 09, 2024 | 1:11 pm
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NEGATIVE IMPACT
Intellicheck shares are trading lower due to worse-than-expected Q2 revenue results. DA Davidson downgraded the stock to Neutral.
The disappointing Q2 revenue results directly impact Intellicheck's stock price negatively. The downgrade by DA Davidson further pressures the stock, leading to a likely short-term decline.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100