Shares of Thermo Fisher Scientific Inc. TMO are getting hit hard today after the company cut its revenue forecast and was very cautious on its revenue growth.
Thermo Fisher cut its full-year revenue expectations by about $50 million due to foreign currency exchange rates issues.
Shares of Thermo Fisher are down $4.54, or 9% to $46.42.
Market News and Data brought to you by Benzinga APIs© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in