Allurion Technologies shares are trading lower. The stock may be moving on continued weakness after the company reported weak FY24 revenue guidance yesterday.
Portfolio Pulse from Benzinga Newsdesk
Allurion Technologies shares are trading lower due to continued weakness following the company's weak FY24 revenue guidance reported yesterday.
August 14, 2024 | 4:14 pm
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NEGATIVE IMPACT
Allurion Technologies shares are trading lower due to continued weakness following the company's weak FY24 revenue guidance reported yesterday.
The weak FY24 revenue guidance has likely led to a negative sentiment among investors, causing the stock to trade lower. This trend may continue in the short term as the market digests the guidance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100