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Why is Telus Corp (TU) Stock down?
We've noticed a 5.02% decline in Telus Corp (TU) stock during the 2025-03-21 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!
14 Jul, 2023:
TELUS Corporation (TU) fell 5.70% today after its update on annual guidance of 2023, influenced by the revised outlook of its subsidiary — TELUS International (TI). TI's updated outlook reflects a lower-than-expected demand from certain clients in the technology industry, resulting in revised revenue projections ranging from $2.7 billion to $2.73 billion and adjusted EBITDA estimates between $575 million and $600 million. As a result, TELUS has adjusted its targets.
https://finance.yahoo.com/news/telus-tu-updates-2023-guidance-144900941.html
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