32.00
0.13%
0.04
After Hours:
32.01
0.010
+0.03%
Why is Braze Inc (BRZE) Stock down?
We've noticed a 5.73% decline in Braze Inc (BRZE) stock during the 2024-09-24 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!
28 Mar, 2024:
Braze (BRZE) stock dropped by 12.42% due to the release of its fourth-quarter results and revenue guidance for the next year. The company reported a significant slowdown in demand, with customer growth also slowing down below expectations. Furthermore, Braze's full-year operating loss guidance was worse than anticipated, despite revenue and earnings per share exceeding expectations for the quarter. Overall, the quarter was mixed but weaker than expected for the company.
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