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home / news releases / cricut don t see any catalyst for demand to recover

CRCT - Cricut: Don't See Any Catalyst For Demand To Recover

Cricut Inc.

2024-06-04 05:09:00 ET

Summary

  • Sell rating for Cricut due to weak demand and negative business outlook.
  • Declining revenue and user metrics indicate a slowdown in demand for CRCT's main product and platform services.
  • Puzzling capital return program suggests management has no better alternatives for deploying cash and reviving growth.

Investment overview

For further details see:

Cricut: Don't See Any Catalyst For Demand To Recover
Stock Information
Company Name: Cricut Inc.
Stock Symbol: CRCT
Market: NASDAQ
Website: cricut.com
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