Why Is ServiceTitan Stock Sinking Wednesday?
ServiceTitan (TTAN) stock drops premarket despite Q2 earnings beat as weak Q3 revenue guidance & a CRO transition weigh on sentiment.
ServiceTitan did really well this quarter, but it told investors the next quarter might be slower, and the company is changing its chief revenue officer. When a company says future business might slow down, people get nervous and sell the stock.
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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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