Why LuxUrban Hotels Shares Are Trading Lower By Around 27%? Here Are Other Stocks Moving In...

Published on 27 Mar 2024 on Benzinga

Why LuxUrban Hotels Shares Are Trading Lower By Around 27%? Here Are Other Stocks Moving In...

Shares of LuxUrban Hotels Inc. LUXH fell sharply during Wednesday’s session after the company issued preliminary fourth-quarter revenue outlook below estimates.

LuxUrban said it expects preliminary revenue of $28.2 million for the fourth quarter, versus market estimates of $34.199 million, according to data from Benzinga Pro.

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