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Enersys Plunges 11.83% on Disappointing Q1 Forecast
Generated by AI AgentAinvest Pre-Market Radar
Thursday, May 22, 2025 9:26 am ET1min read
On May 22, 2025,
experienced a significant drop of 11.83% in pre-market trading, reflecting investor concerns over the company's recent performance and outlook.Enersys' stock price declined in after-hours trading following the release of its fiscal first-quarter earnings forecast, which fell short of market expectations. The company's projection for net income and revenue growth was seen as conservative, leading to a sell-off among investors.
Despite a strong finish to fiscal 2025, the market's reaction to Enersys' Q1 forecast indicates a cautious outlook for the company's near-term prospects. Investors are closely monitoring the company's performance in the coming quarters to assess its ability to meet or exceed market expectations.
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