Movement Alert|Tempus AI Falls 6.12% in Regular Trading, post-earnings support showed signs of fading

Market Focus11-13 22:35

On November 13, Tempus AI fell 6.12% in Regular Trading, trading at $71.69 per share, with turnover of $24.2003 million.

The move followed signs that the stock’s earlier earnings-driven support was fading, despite stronger third-quarter results, a slightly better full-year revenue outlook, and analyst target-price increases that had supported sentiment in prior sessions.

Earlier disclosures showed third-quarter revenue of $411.5 million versus the $409.4 million consensus, adjusted EPS of $0.07 versus expectations for a loss, gross margin of 64.8% versus 62.8% a year earlier, and full-year revenue guidance of $1.60 billion to $1.61 billion, with the high end modestly above market expectations. At least one analyst subsequently lifted the target price to $85, but the latest price action indicated that this earnings-related support was weakening.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

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