Invivyd shares are trading lower after the company reported preliminary Q3 results and withdrew its guidance.
Portfolio Pulse from Benzinga Newsdesk
Invivyd shares fell after the company reported preliminary Q3 results and withdrew its guidance.
October 29, 2024 | 4:50 pm
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NEGATIVE IMPACT
Invivyd's stock is trading lower following the release of preliminary Q3 results and the withdrawal of its guidance, indicating potential uncertainty about future performance.
The withdrawal of guidance typically signals uncertainty or potential issues in a company's future performance, which can lead to a negative reaction from investors. The preliminary Q3 results may not have met expectations, contributing to the stock's decline.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100