Globant SA

GLOB: XNYS (USA)
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Morningstar Rating for Stocks Fair Value Economic Moat Capital Allocation
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Globant Earnings: Shares Fall Despite In-Line Results

Globant shares were down around 10% intraday despite third-quarter results being in line with FactSet consensus. Fiscal 2024 guidance was tightened. We surmise the market was hoping for a stronger growth outlook for the fourth quarter.

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