NYSE:GLOBIT
Globant (GLOB) Sees 11% Stock Decline Last Week Amid Modest Earnings Guidance
Globant (GLOB) recently announced a promising global partnership with Unity Software Inc., aimed at developing interactive solutions in sectors like digital twins and healthcare. Despite this potentially positive development, Globant's stock saw a 11% decline last week. This movement appears counter to the broader market, which reached record highs amid expectations of Federal Reserve interest rate cuts. Additionally, the company's recent earnings guidance indicates modest growth...