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Home›US Markets›Equities›On Holding shares fall after sales outlook disappoints

On Holding shares fall after sales outlook disappoints

Reported · Written up by our desk · Equities

On Holding shares dropped in premarket trading after the Swiss apparel maker said it is being disciplined on pricing and issued a weaker-than-expected sales outlook for the year, according to MarketWatch.

The outlet reported that the guidance contributed to the sharp premarket decline in the company stock as investors adjusted expectations for full year revenue.

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Sources

MarketWatchHere’s how much Roger Federer is losing as On Holding says it is being disciplined on price
MarketWatchHere’s how much Roger Federer is losing as On Holding says it is being disciplined on price

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