셈트렉스 (CETX)

Shares of Cemtrex Inc. (CETX) dropped by 16.95% from $6.49 to $5.39 in the trading on Friday, December 22, 2023. The reason why CETX down today is due to mixed fourth quarter 2023 results with EPS beating estimates but revenue slightly missing estimates. While gross margin expanded year-over-year, revenue growth has slowed compared to previous quarters which has disappointed analysts and investors.