Citi Urges Investors to Buy Dip on Networking Stock
Shares slumped 10 percent after the company gave an underwhelming revenue outlook.
Shares slumped 10 percent after the company gave an underwhelming revenue outlook.
CNBC reported that Citi is advising investors to buy the dip on a networking stock set to more than double. Shares slumped 10 percent on Thursday after the company issued an underwhelming revenue outlook for its current fiscal year. The tweet from the official CNBC account highlighted the investment bank's positive view on the stock despite the recent price decline.
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Shares slumped 10 percent after the company gave an underwhelming revenue outlook.
CNBC reported that Citi is advising investors to buy the dip on a networking stock set to more than double. Shares slumped 10 percent on Thursday after the company issued an underwhelming revenue outlook for its current fiscal year. The tweet from the official CNBC account highlighted the investment bank's positive view on the stock despite the recent price decline.
