Cryptocurrency Q&A Why is Blink stock dropping?

Why is Blink stock dropping?

SkylitEnchantment SkylitEnchantment Sat Nov 16 2024 | 6 answers 1537
I'm really concerned about Blink recently. Its stock price has been dropping significantly, and I can't figure out the reason behind this trend. Is it due to poor performance, market conditions, or some other factors? I need to understand what's causing this decline. Why is Blink stock dropping?

6 answers

GwanghwamunGuardianAngelWingsBlessing GwanghwamunGuardianAngelWingsBlessing Mon Nov 18 2024
Blink, the company in question, has also revised its full-year 2024 revenue guidance.

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Maria Maria Mon Nov 18 2024
The financial performance of the company has taken a turn for the worse.

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Bianca Bianca Mon Nov 18 2024
According to Benzinga Pro, the company has reported an adjusted loss of 18 cents per share.

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SsamziegangStroll SsamziegangStroll Mon Nov 18 2024
This figure falls short of analyst estimates, which had predicted a loss of 15 cents per share.

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Giulia Giulia Sun Nov 17 2024
Initially, the company had projected a revenue range of $165 million to $175 million.

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