MicroVision shares are trading lower. The company reported lower-than-expected preliminary Q3 revenue results.
Portfolio Pulse from Benzinga Newsdesk
MicroVision shares declined after the company reported preliminary Q3 revenue results that were lower than expected.
October 15, 2024 | 3:19 pm
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MicroVision's stock is trading lower due to the announcement of preliminary Q3 revenue results that did not meet expectations.
The announcement of lower-than-expected preliminary Q3 revenue results is a negative indicator for MicroVision, leading to a decline in its stock price. Investors often react negatively to revenue shortfalls, as they can indicate potential issues with sales or market demand.
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