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RNG / RingCentral stock plunges 10% as sales forecast disappoints

RingCentral Inc. RNG, +7.70% shares dove 10% in after-hours trading Wednesday, following a quarterly report that included disappointing sales guidance. The cloud-telephony company's executives forecast 2023 revenue of $2.18 billion to $2.2 billion, while analysts on average were expecting $2.32 billion, according to FactSet. Read More

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Posted: Feb 15 2023, 17:40

Author Name: Market Watch

RNG News

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