: : Vacasa stock plunges after worse-then-expected outlook #FinanceUSA #StockMarketNEWS Vacasa Inc. VCSA shares fell as much as 15% in extended trading Tuesday, after rising 5.7% in the regular session
@stockMarketNEWS 11 Days ago
: Vacasa stock plunges after worse-then-expected outlook #FinanceUSA #StockMarketNEWS
Vacasa Inc. VCSA shares fell as much as 15% in extended trading Tuesday, after rising 5.7% in the regular session to close at .31, after a lower-than-expected outlook. The company faces challenges from “hyper-growth” in the past couple of years to a more “dynamic environment” that it has begun to address by cutting 17% of its workforce in January, and expects 2023 to be a “transition year,” it told shareholders. The company, which provides vacation-rental-management inventory to partners such as Airbnb Inc. ABNB and Booking Holdings Inc. BKNG, expects first-quarter revenue of 0 million to 0 million, falling short of analystp&HܙXو Z[[ۋ] ܝYHݝ ]X]و Z[[ۋ܈
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