Paragon 28 share are trading lower. The company reported Q2 financial results and issued FY24 guidance below estimates
Portfolio Pulse from Benzinga Newsdesk
Paragon 28 shares are trading lower after the company reported Q2 financial results and issued FY24 guidance below estimates.
August 09, 2024 | 2:37 pm
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NEGATIVE IMPACT
Paragon 28 reported Q2 financial results that did not meet expectations and issued FY24 guidance below estimates, leading to a decline in share price.
The company's Q2 financial results were below expectations, and the FY24 guidance was also lower than anticipated. This negative news is likely to impact investor sentiment and lead to a short-term decline in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100