Indivior shares are trading lower after the company reported preliminary Q3 revenue guidance and cut its FY24 net revenue guidance below estimates.
Portfolio Pulse from Benzinga Newsdesk
Indivior's shares are declining following the company's announcement of preliminary Q3 revenue guidance and a reduction in its FY24 net revenue guidance, which is below estimates.
October 10, 2024 | 11:49 am
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Indivior's stock is experiencing a decline due to the company's announcement of lower-than-expected FY24 net revenue guidance and preliminary Q3 revenue guidance.
The reduction in FY24 net revenue guidance below estimates is a negative signal for investors, indicating potential challenges in the company's financial performance. This has led to a decline in Indivior's stock price as investors adjust their expectations.
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