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How did SONN's Q4 2023 EPS surprise impact its stock?

4/12/2025 06:39am

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Sonnet's (SONN) Q4 2023 EPS surprise of $0.12 had a negative impact on its stock, with a significant decline of -7.13% on December 11, 2023, following the release date¹. This suggests that the market may have had concerns or reacted negatively to the earnings report.

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SONN EPS Surprise

Source:

1. SONN EPS Surprise in Fiscal 2023 Q4; Percentage Change around the EPS Release Date