Rolls-Royce shares fall victim of high expectations after guidance held
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Rolls-Royce Holdings PLC shares fell over 4% after the company maintained its guidance, which disappointed investors who had high expectations.
November 07, 2024 | 11:00 am
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Rolls-Royce Holdings PLC's US-listed shares (RYCEY) fell over 4% after the company maintained its guidance, disappointing investors who had high expectations.
The market reacted negatively to Rolls-Royce's decision to maintain its guidance, as investors had anticipated more optimistic projections. This led to a significant drop in the stock price.
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