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Symbotic Stock Tanks After Q1 Report: Here's Why

Symbotic Inc. (NASDAQ:SYM) reported its first-quarter financial results after Wednesday's closing bell. Here's a look at the details from the report. 

The Details: Symbotic reported quarterly losses of three cents per share which missed the analyst consensus estimate for losses of two cents. Quarterly revenue of $486.69 million also missed the analyst consensus estimate of $490.98 ...

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