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11.81
0.85%
+0.105
Why is Bowlero Corp (BOWL) Stock down?
We've noticed a 8.14% decline in Bowlero Corp (BOWL) stock during the 2024-04-02 trading session. While this could be attributed to normal volatility or various internal and external factors, please be aware that we are actively monitoring the situation, and we'll provide timely updates as soon as possible!
18 May, 2023:
Bowlero Corp Stock (BOWL) dropped by 16.7% from $14.06 to $11.71 in the trading on Thursday May 18, 2023. The reason why BOWL stock down today is due to the reaction of investors on its forward guidance. Bowlero investors are feeling the sting after management issued a dismal Q4 outlook. Projected revenue and adjusted EBITDA resemble the underwhelming Q1 figures, indicating a substantial year-over-year decline. This disappointing guidance likely falls short of Wall Street expectations, contributing to the recent stock dip.
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