Global-E Online Analysts Cut Their Forecasts After Q3 Results
Global-E Online Ltd. (NASDAQ: GLBE) reported worse-than-expected third-quarter revenue results and issued weak FY23 revenue guidance.
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Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page.
What 4 Analyst Ratings Have To Say About Global E Online
Within the last quarter, Global E Online (NASDAQ:GLBE) has observed the following analyst ratings: Bullish Somewhat Bullish Indifferent…
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The Dow traded up 0.46% to 34,989.30 while the NASDAQ rose 0.16% to 14,116.28. The S&P 500 also rose, gaining, 0.26% to 4,507.40.
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U.S. stocks traded higher midway through trading, with the Dow Jones gaining over 100 points on Wednesday.
The Dow traded up 0.32% to 34,939.64 while the NASDAQ rose 0.18% to 14,119.17. The S&P 500 also rose, gaining, 0.20% to 4,504.73.
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U.S. stocks traded higher this morning, with the Dow Jones gaining around 90 points on Wednesday.
Following the market opening Wednesday, the Dow traded up 0.27% to 34,922.07 while the NASDAQ rose 0.36% to 14,144.63. The S&P 500 also rose, gaining, 0.27% to 4,507.75.
Why Global-E Online Shares Are Plummeting Wednesday
Global-E Online Ltd. (NASDAQ: GLBE) reported third-quarter FY23 sales growth of 27% year-over-year, to $133.605 million,
Earnings Scheduled For November 15, 2023
Companies Reporting Before The Bell
• Codere Online Luxembourg (NASDAQ:CDRO) is likely to report earnings for its third quarter.
• Movano (NASDAQ:MOVE) is projected to report earnings for its third quarter.
Recap: Global E Online Q3 Earnings
Global E Online (NASDAQ:GLBE) reported its Q3 earnings results on Wednesday, November 15, 2023 at 07:00 AM. Here’s…