Revvity trims 2025 profit forecast on soft demand for diagnostics in China
1. Revvity lowered its full-year profit forecast due to expected soft demand. 2. Shares fell 8% premarket, indicating market reaction to disappointing outlook.
FAQ
Why Very Bearish?
The lowered profit forecast indicates ongoing struggles. Historically, similar downgrades led to significant price drops in tech firms.
How important is it?
A profit downgrade impacts investor confidence and stock performance directly. The significant premarket drop shows immediate market sensitivity.
Why Short Term?
Market reactions to profit forecast adjustments often manifest immediately. Recent examples show quick sell-offs following such announcements.