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Warum fällt Adtran Holdings Inc-Aktie (ADTN)?

Wir haben während der Handelssitzung 2024-08-06 einen Rückgang der Aktie Adtran Holdings Inc (ADTN) um 18.75% festgestellt. Obwohl dies auf normale Volatilität oder verschiedene interne und externe Faktoren zurückzuführen sein kann, beachten Sie bitte, dass wir die Situation aktiv beobachten und so schnell wie möglich zeitnahe Updates bereitstellen!
2023-11-07:

ADTRAN, Inc. Stock (ADTN) dropped by 26.47% from $7.33 to $5.39 in the trading on Tuesday November 7, 2023. The reasons why ADTN stock down today include:

  • Q3 financial results: Net sales during the quarter declined to $272.3 million from $340.7 million in the prior-year quarter, owing to weak demand trends. Revenues came below the lower end of the company’s guidance range. The top line missed the consensus estimate of $285 million.
  • Stock downgrade: Adtran has faced a downgrade from Buy to Neutral by Rosenblatt analyst Mike Genovese. The price target was lowered from $11 to $7, reflecting a weak Q4 outlook for the company.

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