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SYM - Symbotic Inc

Symbotic Inc

Symbotic Inc

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Shares of the automation company fell more than 19% after weak guidance for the fiscal fourth quarter. Symbiotic said it expects revenue between $455 million to $475 million in its fiscal fourth quarter, compared to a FactSet consensus of $516.9 million. The company also reported $491.9 million in revenue for its fiscal third quarter, which was above Wall Street a forecast of $464.6 million.


 
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