MGP Ingredients shares are trading lower after the company issued soft preliminary guidance and lowered its 2024 financial outlook.
Portfolio Pulse from Benzinga Newsdesk
MGP Ingredients shares declined following the release of soft preliminary guidance and a reduced financial outlook for 2024.
October 18, 2024 | 11:36 am
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MGP Ingredients shares are trading lower due to the company's soft preliminary guidance and a reduced financial outlook for 2024.
The company's announcement of soft preliminary guidance and a lowered financial outlook for 2024 is likely to negatively impact investor sentiment, leading to a decline in stock price.
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IMPORTANCE 80
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