Welcome to our dedicated page for rake news (Ticker: $rake), a resource for investors and traders seeking the latest updates and insights on rake stock.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect rake's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of rake's position in the market.
Raketech Group Holding Plc (NASDAQ:RAKE) provided a trading update for the first quarter of 2024 and revised its full-year 2024 guidance. Revenues for Q1 2024 are expected to be EUR 19 million, with adjusted EBITDA at EUR 5.1 million. The company revised its full-year guidance to an adjusted EBITDA of around EUR 20 million, lower than the previous estimate of EUR 24-26 million. Google's Core update impacted Casumba assets negatively, leading to the revision of the guidance.
