Symbotic Stock Plunges 19% Despite Earnings Beating and Revenue Meeting Wall Street's Estimates
The Motley Fool
FEBRUARY 6, 2024
Investors have bid Symbotic stock up considerably over the last year (it's up 226% over the one-year period through Monday's regular trading session), so have very high expectations for its results. However, there's one factor that makes the stock highly risky: The company has a sky-high customer concentration.
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