Stock Track | Genius Sports Ltd Plunges 6.18% in Pre-market on Revenue Outlook Miss

Stock Track

03/04

Genius Sports Ltd's stock fell 6.18% in pre-market trading on Wednesday, following the release of its revenue outlook.

The company projected full-year revenue in the range of USD 180-190 million, which is significantly below the IBES estimate of USD 861.3 million. This substantial shortfall in expected revenue likely triggered investor concerns and led to the sharp decline in share price.

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