|Company Name||Box, Inc.|
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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