Wabash National shares are trading lower after the company reported worse-than-expected Q3 financial results and lowered its FY24 outlook.
Portfolio Pulse from Benzinga Newsdesk
Wabash National's shares declined following disappointing Q3 results and a reduced FY24 outlook.
October 24, 2024 | 11:06 am
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NEGATIVE IMPACT
Wabash National's shares are trading lower due to worse-than-expected Q3 financial results and a downgraded FY24 outlook.
The company's Q3 financial results did not meet market expectations, leading to a negative reaction in the stock price. Additionally, the lowered FY24 outlook suggests potential challenges ahead, further impacting investor sentiment negatively.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100