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Box, Inc.

Company NameBox, Inc.
Stock SymbolBOX

On June 3, 2019, after the market closed, Box lowered its fiscal 2020 revenue outlook to a range of $688  million to $692 million, from previous guidance of $700 million to $704 million, citing longer sales cycles for its larger deals. 

On this news, shares of Box fell more than 14% in after-hours trading on June 3, 2019, thereby injuring investors.

 

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