86.11
price down icon0.17%   -0.15
after-market Handel nachbörslich: 87.24 1.13 +1.31%
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Warum fällt Tecnoglass Inc-Aktie (TGLS)?

2023-11-06:

Tecnoglass Inc Stock (TGLS) dropped by 12.05% from $34.26 to $30.13 in the trading on Monday November 6, 2023. The reason why TGLS stock down today is due to the underwhelming forward guidance. Tecnoglass announced strong third-quarter results, however, the company reduced its full-year 2023 outlook for revenue of $835 - $848M, down from $830 - $855M previously. Coupled with expectations for unfavorable noncash foreign currency exchange, as well as a higher mix of installation revenue in Q4, the company also lowered its outlook for 2023 adjusted EBITDA.

building_materials BCC
$128.45
price up icon 0.41%
building_materials KNF
$103.57
price down icon 3.20%
building_materials CX
$5.77
price up icon 3.41%
building_materials EXP
$261.22
price up icon 1.34%
building_materials SUM
$52.20
price up icon 0.02%
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