Why Is REE Automotive Stock Trading Lower Today?

REE Automotive Ltd REE reported fourth-quarter FY23 sales growth of 116% Q/Q to $455,000, missing the analyst consensus estimate of $1.35 million. Operating expenses for the quarter expanded to $36.7 million from $27.8 million a year ago. Non-GAAP EPS loss of $(3.15), missed the consensus of…#epa #fmvss #danielbarel #reeautomotive
Source: Reuters: Health - Category: Consumer Health News Source Type: news