Why Is Braze Stock Sinking Wednesday?
Braze (BRZE) beats Q2 earnings and revenue estimates, but stock drops 18% on weak Q3 EPS guidance. Get the full breakdown.
Braze did really well this quarter, but told investors it might make less money next quarter, so people got worried and sold the stock. When a company's future looks less bright than people hoped, even good news right now doesn't always stop the selling.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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