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Braze (BRZE) Stock Trades Down, Here Is Why [Yahoo! Finance]
Last monster beverage corporation earnings: 2/27 04:05 pm
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US:NASDAQ Investor Relations: investors.monsterbevcorp.com/events.cfm
results and provided revenue guidance for next year, suggesting a significant slowdown in demand. Customer growth also slowed during the quarter as the total customer count came in below expectations. An additional negative is that full-year operating loss guidance was worse than expectations. On the other hand, revenue and EPS exceeded expectations during the quarter. Overall, it was a mixed but weaker quarter for the company. The stock market overreacts to news, and big price drops can present good opportunities to buy high-quality stocks. Is now the time to buy Braze? Access our full analysis report here, it's free What is the market telling us: Braze's shares are very volatile and over the last year have had 12 moves greater than 5%. But moves this big are very rare even for Braze and that is indicating to us that this news had a significant impact on the market's perception of the business. The biggest move we wrote about over the last year was 10 months ago, when the sto
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