Ranpak Holdings Corp shares fall 34% ahead of Q3 earnings release
PACK Ranpak Holdings Corp
$3.61 +1.98%
View chart & analysis → - 1Ranpak Holdings Corp shares fell approximately 34%.
- 2The company reaffirmed its annual automation revenue target of approximately $60 million.
- 3The cash balance decreased from $63 million at the beginning of the year to $43.2 million.
So what's the key point?
Ranpak Holdings Corp shares dropped 34%. While the automation revenue target remains the same, the company's cash balance has decreased to $43.2 million.
Source Earnings Whispers · View original ↗
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