WULF - Perion Network Cuts Revenue Outlook Joins Skye Bioscience And Other Big Stocks Moving Lower In Monday's Pre-Market Session | Benzinga
U.S. stock futures were lower this morning, with the Dow futures falling over 50 points on Monday.
Shares of Perion Network Ltd. (NASDAQ:PERI) fell sharply in today's pre-market trading after the company lowered its revenue forecast.
Perion Network slashed its second-quarter revenue forecast from $118 million – $122 million to $106 million – $108 million. The company lowered its FY24 revenue forecast from $590 million – $610 million to $490 million – $510 million.
Perion Network shares dipped 21% to $9.74 in pre-market trading.
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