Analysts deem the underperform rating for Outset justifiable...

Moomoo AI Oct 13, 2023 07:26

Analysts deem the underperform rating for Outset justifiable due to various execution errors and its unprofitability. Impacts from the TabloCart pre-filtration FDA warning letter causing purchase delays and competition noise hindering sales, could continue to affect Outset's finances and stock value throughout 2023.

Outset Tumbles ~40% After Bofa Downgrades Following Guidance Cut

Disclaimer: The above information does not represent the views of Moomoo Technologies Inc. (MTI) or constitute investment advice related to MTI and its affiliates. Read more

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