Ingersoll Rand shares are trading lower following mixed Q3 earnings and 2024 guidance.
Portfolio Pulse from Benzinga Newsdesk
Ingersoll Rand shares are experiencing a decline due to mixed Q3 earnings results and guidance for 2024.
October 31, 2024 | 8:51 pm
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Ingersoll Rand's stock is trading lower following the release of mixed Q3 earnings and guidance for 2024, indicating investor disappointment.
The decline in Ingersoll Rand's stock price is attributed to the market's reaction to its mixed Q3 earnings and 2024 guidance. Investors likely expected stronger results or more optimistic guidance, leading to a negative short-term impact on the stock price.
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