Riskified shares are trading lower after the company reported Q2 financial results and cut its FY24 revenue guidance below estimates.
Portfolio Pulse from Benzinga Newsdesk
Riskified shares are trading lower after the company reported Q2 financial results and cut its FY24 revenue guidance below estimates.
August 14, 2024 | 3:18 pm
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NEGATIVE IMPACT
Riskified shares are trading lower after the company reported Q2 financial results and cut its FY24 revenue guidance below estimates.
The company's Q2 financial results and the reduction in FY24 revenue guidance below estimates are likely to negatively impact investor sentiment, leading to a short-term decline in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100