Incannex Healthcare shares are trading lower after the company reported a year-over-year decrease in FY24 EPS results.
Portfolio Pulse from Benzinga Newsdesk
Incannex Healthcare shares declined following the announcement of a year-over-year decrease in FY24 EPS results.
October 01, 2024 | 7:34 pm
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Incannex Healthcare's stock price dropped due to a reported decrease in FY24 EPS results compared to the previous year.
The decrease in EPS is a key financial metric that investors closely watch. A year-over-year decline suggests potential issues in profitability or growth, leading to a negative market reaction and a drop in stock price.
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